DTCC Launches EU MiFID Transaction Reporting
DTCC announced on 10 November the launch of its EU Markets in Financial Instruments Directive (MiFID) Approved Reporting Mechanism (ARM), an end-to-end transaction reporting service. MiFID is the EU rulebook for investment services and trading. An ARM is an authorised firm that submits transaction reports, the details of each trade, to regulators on behalf of clients.
DTCC, which calls itself “the premier post-trade market infrastructure for the global financial services industry”, says the service is built to improve reporting accuracy and support more efficient compliance. It runs on what the company describes as a “resilient, cloud-native platform”, meaning software designed from the outset to run on cloud infrastructure.
According to DTCC’s release, the service includes a dedicated 24/7 back-reporting channel, advanced error correction capabilities and integrated data analytics. The ARM solutions also carry dashboards and reporting tools giving near real-time visibility into submission status, exceptions and data quality.
DTCC adds that users get insights, trend analysis and anonymised peer comparison data to support issue prioritisation and remediation.
The launch follows DTCC’s UK MiFID ARM, launched in May 2026. Users get access to both ARMs and DTCC’s Global Trade Repository (GTR) service through a single-sign-on portal. A trade repository is a central database of derivatives trade records held for regulators.
Michele Hillery, Managing Director and Head of Repository and Derivatives Services at DTCC, said in the release:
DTCC’s EU-MiFID ARM extends our proven global reporting capabilities, enabling firms to meet evolving regulatory requirements across jurisdictions and regimes through one trusted provider. It also highlights DTCC’s commitment to serving clients across the EU.
Michele Hillery, Managing Director and Head of Repository and Derivatives Services, DTCC
