Consolidated Audit Trail

Solving the Biggest Big Data Challenge in Capital Markets

Starting November 15, 2019, large broker-dealers will be required to submit their U.S. equities and options data to the Consolidated Audit Trail (CAT) Processor, Thesys CAT, as mandated by Rule 613 of the U.S. Securities Exchange Commission (SEC). For broker-dealers, CAT compliance will present significant operational, compliance and technology staffing challenges.

Benefit from the FIS™ compliance solution suite, featuring Protegent CAT, and turn Rule 613 into an opportunity. With Protegent CAT you are empowered to capitalize on big data analytics to run, connect and grow your business at an accelerated pace.

  • Meet CAT reporting requirements by ingesting, validating, processing and reporting all CAT-required data to the CAT Processor, correcting errors post-submission, and retaining CAT datasets on WORM-compliant storage.
  • Consolidate and streamline overlapping regulatory reporting requirements, such as Order Audit Trail System (OATS), Electronic Blue Sheets (EBS) and Large Trade Reporting (LTID), without waiting for their retirement.
  • Comply proactively by detecting and correcting errors prior to submission, minimizing the number of submitted errors and mitigating the risk of non-compliance and fines.
  • Leverage big data analytics capabilities to discover patterns and correlations of order volumes, profitability, routing and others, leading to new business insights and opportunities.