What is the key priority to increase trade matching take-up?

• A: Get small and medium size clients on board through simple connectivity (xls upload, web-based input...): 16%
• B: Promote large-scale standardised connectivity (SWIFT, FIX...): 22%
• C: Deliver a full end-to-end STP solution, from trade matching down to settlement house: 39%
• D: Deliver full SSI matching: 6%
• E: It should be imposed by regulation: 17%

What are the key drivers to trade match (pre-settlement matching)?

• A: Enable efficient T+2 settlement compression prompted through from market regulation changes (reducing risk of settlement failure): 21%
• B: Allow execution and settlement scalability through further automation: 9%
• C: Reduce operational and business risk in post trade pre-settlement processing: 62%
• D: Trade matching is not needed (settlement matching is enough): 8%

How do you see transaction reporting volumes evolving after the implementation of the MiFID review?

• Increase <2x: 13%
• Increase 2x-5x: 49%
• Increase 5x-10x: 20%
• Increase >10x: 18%

 
What is your firm's level of automation in trade matching?

• Less than 30%: 31%
• Between 30% and 50%: 15%
• Above 50%: 28%
• Don't know: 26%

 
How do you rate the benefits of consolidating your reporting (trade, transaction, repository, etc) through a single entity/pipe?

• Significant: 57%
• Limited: 14%
• None: 5%
• No analysis yet undertaken: 24%

 
About the survey
 

In the run-up to the Xtrakter Annual User Conference and Forum on 17 May 2012, we asked the 300+ registered delegates to take a pre-event survey on regulatory and matching developments. At the event itself, we used interactive polling to gain audience feedback on key questions raised during each session.