Establishing Full Books & Records Control Across All Global Reporting Regimes

A global financial institution implemented En:ACT to address a critical gap in its transaction reporting control framework: the inability to demonstrate complete, end-to-end accuracy across multiple global regulatory regimes.

Despite significant investment in reporting infrastructure, the firm lacked a consistent way to validate whether reported data fully aligned with source system books and records, and whether this could be evidenced across jurisdictions.

By deploying En:ACT, the client established a single, global control platform, delivering:

• Full Books & Records reconciliation directly from source data  

• Independent validation across 100% of transactions and reportable fields  

• Consistent oversight across all global reporting regimes  

• Complete transparency from source system through to regulatory submission  

The result was a shift from fragmented, regime-specific controls to a centralised, defensible and regulator-aligned control framework.

The client operated across multiple jurisdictions, including major G20 and non-G20 reporting regimes, each with distinct requirements and data structures.

This created a series of structural challenges:

• Fragmented control frameworks, with separate processes for each regulation  

• Limited visibility across the full reporting lifecycle, particularly between source systems and submissions  

• Inability to reconcile reported data back to underlying books and records  

• Dependence on sample-based QA, leaving unknown exposure across the population  

• Significant manual effort to investigate and explain discrepancies  

While individual processes existed, the firm could not demonstrate consistent, global control over reporting accuracy, completeness and timeliness.

As regulatory expectations shifted towards data-driven supervision, this lack of end-to-end transparency became a material risk.  

Legacy approaches were not designed for global, multi-regime control:

• Reconciliations were partial or regime-specific, not holistic  

• QA processes focused on submission files, not underlying source data  

• Validation was often retrospective and sample-based  

• Data lineage across systems and transformations remained opaque  

As a result, firms could identify symptoms but struggled to:

• Confirm completeness (underreporting)  

• Trace errors back through transformation layers  

• Prove that submissions accurately reflected their books and records  

This created ongoing reliance on costly remediation programmes, rather than sustainable control.

En:ACT enabled the client to implement a true end-to-end control framework, spanning source systems through to regulatory reporting.

1. Full Books & Records Reconciliation from Source Data

En:ACT ingests raw data directly from source systems, including:

• Trading platforms (OMS / EMS / PMS)  

• Valuation and collateral systems  

• Internal reference data  

It then reconciles this data against regulatory submissions to:

• Confirm all reportable transactions have been captured  

• Identify overreporting and underreporting  

• Validate transformation logic and derived fields  

This ensures complete alignment between source systems and reported data, rather than reliance on pre-processed outputs.  

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2. Independent Assurance Across 100% of Data

In parallel, En:ACT performs full validation of:

• 100% of transactions  

• 100% of reportable fields  

Against a regulator-aligned rules framework covering all major regimes.

This provides:

• Immediate identification of data quality issues  

• Consistent validation methodology globally  

• Elimination of sampling risk  

Replacing legacy QA models with full population, real-time assurance.

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3. Single Platform Across All Global Regimes

All reporting regimes are managed within one control environment, including:

• EMIR, MiFIR, SFTR  

• ASIC, MAS, CFTC  

• Additional global jurisdictions  

This enables:

• Consistent control standards across regions  

• Reduced operational complexity  

• A unified view of global reporting performance  

Rather than managing fragmented, regime-specific solutions.  

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4. Full Data Lineage and Transparency

Every reported field can be traced:

From regulatory output → transformation logic → source system

This provides:

• Complete visibility into how data is derived  

• Clear identification of where errors originate  

• Direct linkage to the relevant regulatory rule  

Enabling firms to move from assumed correctness to provable accuracy.

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5. Root Cause Identification and Structural Remediation

En:ACT does not simply identify errors—it explains them:

• Issues categorised by type (mapping, format, missing data, etc.)  

• Root causes identified across data and transformation layers  

• Common issues grouped to highlight systemic weaknesses  

This allows the client to:

• Implement targeted, permanent fixes  

• Reduce recurrence of issues  

• Transition from reactive remediation to controlled improvement  

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For global institutions, the challenge is no longer simply reporting—it is proving control.

By implementing En:ACT, the client moved from:

• Fragmented → Unified  

• Reactive → Controlled  

• Opaque → Transparent  

Establishing a single, global control framework capable of:

• Ensuring accuracy, completeness and timeliness  

• Demonstrating alignment to source system books and records  

• Meeting the increasing demands of global regulators  

The result is not just improved reporting, but sustainable, defensible regulatory control at scale.