Thoughtcoders validates the regulatory reporting, market infrastructure connectivity, and post-trade processing systems that banks, broker-dealers, and asset managers depend on — covering DTCC integrations, ISO 20022 messaging migrations, Broadridge platform testing, and end-to-end compliance with global financial regulations.
From trade matching to shareholder communications, we bring regulatory and market infrastructure expertise to every system your BFSI operations depend on.
Validation of connectivity to NSCC clearing, DTC settlement, ALERT standing settlement instructions, and CTM trade matching — ensuring trades clear and settle without manual intervention.
MT-to-MX message migration validation, schema and field-mapping accuracy, and end-to-end message flow testing for payments and securities messaging modernization programs.
Securities processing, post-trade workflow, and ProxyEdge proxy voting and shareholder communications testing across equities, fixed income, and mutual fund processing.
Field-level validation of Dodd-Frank, EMIR, MiFID II, and SFTR trade and transaction reports — confirming data maps correctly and submissions meet trade repository specifications.
Validation of customer due diligence workflows, watchlist and sanctions screening accuracy, transaction monitoring rules, and suspicious activity reporting logic.
Dividends, stock splits, mergers, and other corporate action event processing, along with golden-source reference data validation across trading, risk, and settlement systems.
From market infrastructure connectivity to multi-jurisdiction reporting — every service is purpose-built to keep your operations compliant and your data reconciled.
End-to-end validation of NSCC clearing, DTC settlement, ALERT SSI updates, and CTM trade matching workflows — ensuring trades affirm and settle accurately, on schedule.
Comprehensive validation for MT-to-MX migration programs — schema conformance, field mapping accuracy, and parallel message comparison across payments and securities flows.
Testing of securities processing workflows and ProxyEdge proxy voting and shareholder communications — covering vote tabulation, meeting notifications, and reporting accuracy.
Field-level validation of trade and transaction reports across Dodd-Frank, EMIR, MiFID II, and SFTR regimes — confirming accuracy, timing, and trade repository submission formats.
Testing of customer onboarding due diligence flows, sanctions and watchlist screening accuracy, and transaction monitoring rule logic — reducing false positives without missing real risk.
Validation of dividend, split, and merger event processing against golden-source reference data — ensuring trading, risk, and settlement systems stay consistent and accurate.
Regulatory and market infrastructure testing can't rely on spot checks. Our methodology is built around full reconciliation across every connected system.
We map your applicable regulatory regimes, DTCC and Broadridge touchpoints, and messaging standards to define exactly which systems, reports, and data flows are in scope.
We design test data covering every relevant instrument type, jurisdiction, and counterparty scenario, and validate message schemas against DTCC, SWIFT, and ISO 20022 specifications.
We build automated validation suites for message formats, report field mapping, and screening rule logic — reducing manual reconciliation effort on every release cycle.
We reconcile trade, settlement, and reporting data across DTCC, Broadridge, and your internal books and records — catching discrepancies before they become compliance breaches.
We provide sign-off documentation for compliance and audit stakeholders, then continue monitoring reporting accuracy as regulations, message schemas, and platform versions evolve.
Regulatory testing isn't just functional QA — it's the difference between a clean audit and a costly enforcement action. We've built our practice around getting it right.
Our testers understand DTCC clearing and settlement mechanics, Broadridge post-trade workflows, and ISO 20022 messaging — not just the interfaces, but the operational logic behind them.
Every engagement validates data end to end — across DTCC, Broadridge, internal books, and regulatory reports — not sample-based checks that leave gaps.
From Dodd-Frank and EMIR to MiFID II, SFTR, and FATCA/CRS, we test across the regulatory regimes global BFSI institutions must comply with simultaneously.
We've validated MT-to-MX message migrations end to end — schema conformance, field mapping, and counterparty interoperability — reducing migration risk for payments modernization programs.
Our sanctions screening and transaction monitoring testing is calibrated to catch real risk while controlling false-positive rates that overwhelm compliance teams.
Sprint-based, milestone-based, or fully embedded engagement models designed to fit within bank, broker-dealer, and asset manager governance and change-management processes.
We combine market infrastructure platforms, messaging standards, and regulatory reporting tools to deliver comprehensive, auditable test coverage.
Measurable outcomes across BFSI regulatory and market infrastructure testing engagements.
Talk to our BFSI regulatory testing specialists — get a free assessment of your DTCC, Broadridge, and reporting coverage gaps.