Ballintrae offers the following services in the Market Data Audit and compliance area:

• Pre-audit health Check
• Audit Management
• Post Audit Project Implementation

Pre-Audit Health Check

Many companies have multiple feeds from various Vendors and Exchanges which in turn feed into an array of internal and external applications. This makes it very hard to understand exactly where the data is going within a company and exactly what data is being fed downstream.

We offer our clients a complete data mapping and Exchange Audit Compliance service. Our team conduct on-site interviews which allow us to create a complete Market Data flow chart enabling us to determine any reporting errors and potential liabilities. We also recommend areas where cost savings could be made. As part of this process we present our client with a project plan of how to implement any fixes or recommendations.

Audit Management

Exchange Audits are a necessary evil for Exchanges but also a drain on resources for our clients.

Ballintrae has a team of Exchange regulation and audit specialists who can help manage the extra work load in an efficient manner by liaising with the Exchanges to answer the queries and double check any analysis they provide. This helps speed up the audit process and ensures minimal impact on business as usual.

Our role also includes negotiating with the Exchanges and ensuring a level playing field is applied to all banks when a liability is identified.

Post Audit Project Implementation

Often Audits indentify areas or processes that need to tightened or changed but the pressure is off once the audit is complete! Ballintrae has a team of Market Data specialists with experience of implementing post audit solutions managing anything that needs to be done. This can include ensuring future compliance or where applicable introducing processes to remove any over spend with the Exchange.

For more information on our Audit Services please contact us on 020 3162 7070.