--- title: UNAVISTA Laucnhes MiFIR Transaction Reporting test Environment description: UNAVISTA Laucnhes MiFIR Transaction Reporting test Environment --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/unavista-laucnhes-mifir-transaction-reporting-test-environment#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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MiFIR transaction reporting, expected to go-live in January 2018, is replacing the existing MiFID reporting regime with an expanded scope and field list. Reporting firms will need to report up to 65 fields to their home-state National Competent Authority (NCA). UnaVista ARM will be connected to the European NCAs so reporting firms won’t need to build and manage connections to each of the NCAs themselves. Using the service, clients can send in all their data from multiple sources, UnaVista being compatible with a wide range of industry data formats. UnaVista can determine which transactions are relevant and which competent authorities to send it to. UnaVista will also be offering a delegated and assisted reporting model for firms who want to connect via their broker or technology partner. **Mark Husler, CEO UnaVista said:** “This is a big step in the process for helping clients get ready in time for MiFIR Reporting go-live. We are delighted to have Credit Suisse as one of the first clients to start testing in UAT. There are large scale changes and a vast amount of data that will need to be sourced and configured, so it is important that reporting firms start testing sooner rather than later. We believe we have built an ARM that not only helps firms be completely compliant, but one where they can also use the information reported to improve their business processes.” A number of firms are using the UnaVista MiFIR Accelerator project tool to get their data ready for MiFIR.  By importing individual data sources, the Accelerator allows firms to compare their data against the latest RTS to identify gaps in content, format and validity of data. UnaVista has also developed functionality to assist firms with some of the more difficult aspects of MiFIR reporting such as the masking of personal data, the identification of LEI gaps and acquiring these LEI’s. UnaVista can also help firms to avoid “over” or “under” reporting by providing reference data and control services such as N-way reconciliations and independent field level data quality assurance. UnaVista believes firms should treat MiFIR reporting as an opportunity to view all of their transaction data, across asset classes, in single platform, and leverage that data for additional compliance and integrity checking. UnaVista has management information tools that allow firms to dive into their data and understand trends and common errors, as well as provided anonymised peer-to-peer analysis.   [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/unavista-laucnhes-mifir-transaction-reporting-test-environment) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/unavista-laucnhes-mifir-transaction-reporting-test-environment) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/unavista-laucnhes-mifir-transaction-reporting-test-environment) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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