White Paper: Preparing for FINRA CAT CAIS

White Paper: Preparing for FINRA CAT CAIS

White Paper: Preparing for FINRA CAT CAIS

Get informed in successfully managing new, high-risk industry reporting obligation.
Get informed in successfully managing new, high-risk industry reporting obligation.

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Beginning July 11, 2022, broker-dealers must start submitting their full customer and account reference data to FINRA CAT. Given the scope of data challenges firms face in these efforts, taking the necessary steps now to prepare by implementing appropriate procedures and data quality, reconciliation and validation controls will be critical to successfully managing this new, high-risk industry reporting obligation come July. This white paper dives into this topic and how your firm can prepare.

Table of Contents
  • Introduction
  • A Brief Back & Ahead
  • CAIS Phase 2e: A New Era
  • How Well Do You Know Your Customer
  • Data Validation Obligations
  • Security and Protection of Customer Information
  • A New & Unparalleled Toolkit for Regulators
  • Conclusion
Table of Contents
  • Introduction
  • A Brief Back & Ahead
  • CAIS Phase 2e: A New Era
  • How Well Do You Know Your Customer
  • Data Validation Obligations
  • Security and Protection of Customer Information
  • A New & Unparalleled Toolkit for Regulators
  • Conclusion

About n-Tier

n-Tier is an innovative technology company that couples deep industry expertise with a unique software platform to help firms manage the accuracy and completeness of their critical business data. n-Tier’s clients range from global leaders to small and mid-size companies in various industries including finance, pharmaceuticals, and insurance.  Our platform is highly configurable, has low IT impact and can be installed locally or used as part of our cloud offering.

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Find out how to leverage a configurable solution for monitoring and managing data completeness and accuracy, across critical business processes.