Rival Launches CAT Reporting
Reval Systems has launched a cloud-based consolidated audit trail (CAT) service for firms trading equities and equity options.
As a registered CAT Reporting Agent, Rival offers CAT support for firms using any trading platform.
“We’re dedicated to helping clients meet CAT reporting requirements with as minimal impact to their business as possible,” said Robert D’Arco, CEO of Rival Systems. “Our cloud-based solution combined with a dedicated support team will eliminate the need for clients to setup additional infrastructure or allocate valuable resources to support CAT.”
For clients using the Rival Trader platform, log files will automatically be uploaded to the CAT repository at the end of each day. Clients using other trading platforms will upload their proprietary log files to Rival’s secure FTP site, where the raw logs will automatically parse to generate a CAT formatted file and upload the data to the CAT repository.