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[ CASE STUDIES ]

MiFID II / MiFIR Transaction Reporting

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CORSA took ownership of our regulatory reporting challenge and turned it into a success story. Their ability to lead across departments, vendors, and regulators meant we met our deadlines without delay—and with confidence.

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Client Overview

The client, a medium-sized Arab investment bank, engaged CORSA to lead the delivery of both EMIR 2.0 and MiFID II / MiFIR transaction reporting compliance. The bank’s structure combined traditional banking and investment management activities, with reporting responsibilities spanning across its asset management and treasury functions.

 

With firm deadlines and regulatory expectations intensifying, CORSA was tasked with ensuring full compliance across both regimes—on time, and without disruption to business or client operations.

The Challenge

01
Compressed timelines to deliver EMIR 2.0 in under 3 months. Fragmented reporting processes across asset management and treasury functions.
02
Limited internal bandwidth and experience with MiFID II / MiFIR reporting.
03
Complex integration requirements with SimCorp Dimension and other internal systems.
04
Need for alignment across Legal, Compliance, Operations, IT, and the COO’s office.

Our Solution

CORSA led the design and delivery of a fully compliant trade and transaction reporting framework:

EMIR 2.0 Delivery

Delivered a reengineered EMIR reporting solution within three months, addressing updated regulatory requirements and legacy reporting gaps.

MiFID II / MiFIR Reporting Design

Defined a scalable reporting framework that consolidated transaction data.

Vendor and System Integration

Worked with SimCorp Dimension to configure trade capture, enrichment, validation, and submission processes.

Governance and Control

Implemented oversight frameworks, exception handling, and reconciliation controls.

Cross-Functional Engagement

Partnered with Legal, Compliance, Operations, and IT teams to validate obligations.

The Result

01
EMIR 2.0 delivered in 3 months and MiFID II / MiFIR completed in the following 6 months.
02
Full compliance achieved across investment and treasury functions.
03
Centralised, governed reporting framework integrated with SimCorp and internal systems.
04
Improved data quality, control environment, and regulatory visibility.
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[ Client Testimonial ]

“CORSA took ownership of our regulatory reporting challenge and turned it into a success story. Their ability to lead across departments, vendors, and regulators meant we met our deadlines without delay—and with confidence. We now have a robust, well-governed solution that will scale as our business grows.”

What happened next

The bank retained CORSA to provide strategic support for future regulatory initiatives and to strengthen internal regulatory change capabilities.

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