ISIN Quest
Improve your MIFID reporting by easily retrieving reportable ISINs for your transactions through Qomply's ISIN Quest.
Retrieve reportable ISINs easily
Regulators are increasingly contacting firms about using CFI Codes and descriptive fields instead of reportable ISINs in MiFID reporting.
The problem
Firms are expected to take all reasonable steps to report ISINs rather than relying on descriptions like Instrument Full Name or CFI Code. This has led to large-scale remediation, with firms retrospectively assigning ISINs to millions of transactions. The challenge is especially acute for OTC instruments, where ISIN data can be hard to access.
The solution
ISIN Quest allows firms to retrieve reportable ISINs quickly by inputting a CFI Code and trade date. It automates ISIN lookup using data from ANNA DSB and FIRDS (UK and ESMA).
Users can upload CSV or XML files, whether full 65-field MiFID reports or just key fields. The system returns ISINs instantly in a standardised format, with additional comments for each transaction. It also supports programmatic access for high-volume use.
ISIN Quest Overview
RETRIEVE ISINs IN A CLICK
Instantly identify reportable ISINs for transactions.
ROBUST
Leverages data from both ANNA DSB and FIRDS, utilising trade dates and instrument classification codes to retrieve reportable ISINs.
EASY TO USE
Upload a list of descriptive fields and trading dates. The reportable ISIN for each transaction is returned.
AUTOMATABLE
Use manually or programmatically for processing large transaction volumes quickly.
CLEAR GUIDANCE
Returns files in a standardised format, enriched with additional columns containing comments alongside a reportable ISIN for each transaction.
Frequently asked questions
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ISIN Quest is a tool that retrieves reportable ISINs for financial instruments using inputs such as CFI Codes and trade dates, helping firms meet MiFID transaction reporting requirements.
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Regulators expect firms to report ISINs wherever possible rather than relying on descriptive fields. Many firms struggle to source ISINs, particularly for OTC instruments, leading to large-scale remediation efforts.
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Users upload transaction data (CSV or XML) containing fields like CFI Code and trade date. ISIN Quest then automatically retrieves the correct reportable ISINs using data from ANNA DSB and FIRDS (UK and ESMA).
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Yes. ISIN Quest supports both manual uploads and programmatic access via API, allowing firms to process large transaction volumes efficiently.
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ISIN Quest accepts both CSV and XML files, including full 65-field MiFID reports or just a few key fields. Results are returned instantly in a standardised, enriched format.