Kx FOR CAT

Consolidated Audit Trail reporting will evolve over the next number of years as the now certain phased rollout of Reg 613 expands. Error rates for this new reporting standard will ebb and flow in sync with each milestone. Kx for CAT is designed and built with procedural governance in mind: a complete, auditable solution that manages the reporting complexities of your firms unique trading workflows. A full stack solution, built to publish reports to the CAT Utility and communicate with your front- and middle-office systems, Kx for CAT collects all order event data in native messaging formats, configure it to a unified data model to be leveraged across multiple client applications.

Those firms with a complex set of trading desks that generate or touch CAT reportable order event messages, a large daily ingest of order event data and a desire to take control of their data to leverage it for other purposes should all consider this approach. Unique to anything else offered in the market, Kx for CAT is your tool to own and operate, leveraging your data in an ecosystem to best serve the broker-dealer for CAT reporting and beyond.

Kx FOR CAT

Kx presents Kx for CAT, a comprehensive reporting ecosystem

CAT Schema Data NormalizationError Detection Rule Engine Forensic Investigation VisualsBatch Error RemediationReconciliations and ValidationsCase Management & Audit Log

CAT SCHEMA DATA NORMALIZATION

Leverage an extensible data model coupled with a CAT schema ETL engine to custom fit unique trading scenarios to the CAT format, so each broker-dealer can perform their most complex transformations using intuitive tools. The ability to ingest and process massive volumes of batch or streaming data, means that a user can identify what part of a given order flow is deemed CAT reportable.

ERROR DETECTION RULE ENGINE

Manage the EDE rules library so that your analysts can proactively correct errors before submission so you can be ahead of the curve in your reporting standards while your IT team fixes any upstream problems on the fly. Firm specific rules may be added by users to combine the the inherent knowledge of the user with the logic of a sophisticated rules engine.

FORENSIC INVESTIGATION VISUALS

Interact with state of the art visualization and investigation tools are suitable for high-level summaries as well as forensic root cause, granular analysis. Dynamic, graphical interfaces built on HTML5 dashboards are easy-to-use for the analysts' investigative functions.

BATCH ERROR REMEDIATION

Perform multiple remediations quickly on both automatic & manual submissions of CAT order events pre and post submission error detection. This tool intelligently groups errors so an analyst can quickly understand what action they can take to have the highest impact of remediation.

RECONCILIATIONS & VALIDATIONS

Understand your data by leveraging multiple reconciliation checks, validation checks, and summary reports, for better business intelligence. Have confidence that this tool is reconciling and validating your data at every key point of the order as it flows through the ecosystem.

CASE MANAGEMENT & AUDIT LOG

Govern your reporting ecosystem using a case management tool and audit log for ‘who did what, when’ accountability and absolute transparency into your systems. This tool allows a firm to quickly replicate reports that may be relevant to satisfy a regulatory query.

Kx TECHNOLOGY

The basis for Kx Technology is a unique integrated platform which includes a high-performance historical time-series columnar database called kdb+, an in-memory compute engine, and a real-time streaming processor all unified with an expressive query and programming language called q.

Designed from the start for extreme scale, and running on industry standard servers, the kdb+ database has been proven to solve complex problems faster than any of its competitors.

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The kdb+ time-series database, at the core of Kx Technology, is renowned for its computational speed and performance, as well as the simplicity of its architecture for large-scale data analytics.

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