The Depository Trust & Clearing Corporation (DTCC) is set to introduce a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service as an extension to its Global Trade Repository (GTR), addressing the growing demands of transaction and trade reporting compliance.

Subject to regulatory approval, the service is expected to launch in the UK by Q1 2026, with a rollout across the EU aligned with upcoming regulatory changes.

Once operational, GTR’s MiFID/R functionality will enable firms to meet their transaction reporting obligations under the regulation. In addition, clients will benefit from supplementary services, including advanced data quality analytics and smart tools for monitoring, controls, and exception management.

The service will also feature a dedicated back-reporting channel with queuing and sequential processing to regulators, as well as a suite of end-of-day reports designed to facilitate issue resolution.

With the integration of MiFID/R capabilities, GTR will further consolidate both derivatives and securities trade and transaction reporting, enabling clients to optimise cost efficiency, governance, operational risk management, and control processes.