REMIT Reporting Services and Solutions - July 2015 updated March 2016
Pros
Software-Standalone Another party has to worry
Service
about multiple regulations
and formats
Software will keep up with
rules about regulation
applicability
Event reconstruction made
easier
Data is enriched
Outsourced maintenance
Full protection in case of
audit from both “alleged
abuse” and reporting
investigations by regulators
Reuses existing infrastructure
May be cost efficient
Maintenance of controls
whilst outsourcing some work
and responsibility
Cons
Considerati