Who We Are What We Do Insights Careers Contact Us CAT CONSULTING SERVICES Implementing and verifying CAT compliance. Consolidated Audit Trail (CAT) CAT’s goal of improving trading surveillance has introduced significant reporting complexity to securities brokers. CAT has extended previous regulatory requirements by including new events and business activities, widening product scope, and implementing a strict error-correction cycle. Most critically, its broad surveillance capabilities include using personally identifiable information (PII) for each transaction, trying together the “what” with the “who” for the first time in reporting history. The complexity of CAT requires a necessary combination of regulatory, institutional, security, and data-strategy expertise. With our deep business domain knowledge and technical skill, we prepare firms for CAT compliance while ensuring the most secure and efficient life cycle for their data. Our services include Regulatory Health Checks that can assess your current state of compliance as well as a range of targeted services for each stage of CAT compliance. Regulatory Health Checks Our comprehensive reviews of your applications, infrastructure, and business processes can provide your firm with a roadmap to CAT compliance. These Regulatory Health Checks focus on data quality, completeness, and accuracy, providing: Recommendations for reconciling gaps between CAT and the order audit trail system (OATS) it supersedes Advice on avoiding re-occurrences of reporting breaks Remediation plans for incomplete, erroneous, and inaccurate data We offer our Regulatory Health Checks in three standard tiers, with an option to tailor a custom Health Check upon request. Silver Rule Interpretation In-House Business Requirements Completeness Gold Rule Interpretation In-House Business Requirements Completeness ALL OF THE ABOVE, PLUS: Testing Data Quality Data Source Event Eligibility Platinum Rule Interpretation In-House Business Requirements Completeness Testing Data Quality Data Source Event Eligibility ALL OF THE ABOVE, PLUS: Product Eligibility Report Generation Customer Reference Data Error Correction Surveillance Targeted CAT Offerings Guidance, Planning, and Initial Analyses Gap Analysis OATS-to-CAT comparison to identify gaps, maximize efficiencies, and get ahead of potential challenging uplifts Health Check and Rule Interpretation Detailed analysis of your firm’s path to compliance, with interpretation of CAT rules uniquely addressed to your needs Front-to-Back Analysis Full assessment of the applications, infrastructure, and processes that make up your business value chain Eligibility Defined scope for relevant products, including product eligibility (e.g. cash equity/options), event eligibility (e.g. new order vs. order accept), and electronic/manual, to ensure accurate reporting Implementation, Testing, and Verification Data, Security, and Auditing Reporting and Ongoing Compliance Assurance Our free, customizable dashboard provides analytics to CAT Operations teams Learn More LEARN MORE FEATURED INSIGHT Are You Thinking Beyond CAT? A Practical Guide to Implementation Strategy. What We Do Who We Are Insights Careers Contact Us New York Pittsburgh Chicago Riga London Copyright © 2021 Risk Focus, Inc. Terms of Use. Privacy Policy. All rights reserved. Collaborate With Us We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settings REJECT ACCEPT