Direct reporting cost calculator

What does your MiFIR RTS 22 transaction reporting really cost - per year?

Most firms pay per transaction, so the bill grows with every trade. Control Now's TR Direct service reports directly to the regulator for a fixed fee, whatever your volume - with data quality testing, eligibility checks and other reference data services included. Enter what you pay today and see the difference.

Your current spend

Use your average invoice from your ARM or current provider, covering all RTS 22-related costs - subscription, per-transaction charges and service fees. If you report in-house, estimate your running cost instead - people, systems and maintenance. A rough figure is fine.

The comparison
Control Now average fixed fee
£3,400 / month
Annual equivalent
£40,800 / year
Fee per transaction
None
Backreporting
Free
Endpoint / regulatory changes
Included
Volume limit
None
Included at no extra cost: TR Accuracy - our data quality testing tool - runs on your reporting both pre- and post-submission, plus FIRDS eligibility checks and other global reference data sets. Others charge at least £1,500 per month for this alone. Backreporting is free too - no charges per transaction apply, however far back you need to go. And when the regulatory reporting endpoint or the reporting rules change, that's covered by the monthly fee as well - no hidden costs, no re-onboarding charges.
Side by side · annual
Your current spend-
Control Now average fixed fee£40,800
At this spend, a fixed fee wouldn't save you money - and we'd tell you that in the assessment too. The free data quality check may still be worth your time: rejected and misreported transactions carry their own cost.
Estimated annual saving
£ -
Enter your current spend to see the comparison.
Saving over 3 years
-
Cost reduction
-

Cumulative cost over 3 years

Your current spend keeps climbing. A fixed fee climbs slower - the gap is your saving.
Enter your current spend above to draw this chart.

What you keep, year by year

Cumulative fee saving, plus the data quality tooling you no longer have to buy separately (valued at £1,500/month).
Enter your current spend above to draw this chart.
Limited offer

FCA onboarding managed and completed for free. Control Now handles the whole direct-reporting onboarding process with the FCA - the application, conformance testing and go-live tasks - at no charge until the end of November 2026, instead of the usual £15,000.

One-off FCA fee (paid to the FCA, not Control Now). To submit RTS 22 transaction reports directly, the FCA charges a one-off onboarding fee for connection to its Market Data Processor. This is set by the FCA under its fee schedule (pricing Category 7, FEES 3 Annex 1A - £28,150 for 2026/27, revised by the FCA each April) and is payable directly to the FCA - confirm the current amount with the FCA at the time of application. There are no recurring FCA charges and no FCA fee per transaction.

Want the numbers for your firm?

Answer a few quick questions and we'll come back with what you ask for - based on your actual volumes, not estimates.

What would you like from us?
How do you report today?
Have you had any backreporting requirements?
Roughly how many transaction reports per day?
When are you looking to make a change?
or book a session directly → Nothing is stored on this page. If direct submission isn't set up, sending opens a pre-filled email in your mail client addressed to solutions@control-now.com. We'll use your details to respond to your enquiry and, only if you've ticked the mailing list box, to send you regulatory reporting updates - you can unsubscribe at any time.
Thanks - your details are on their way. We'll come back to you shortly, or book a session now if you'd rather pick a time.

Not sure what you actually pay - or what your data quality looks like?

We'll run a free data quality check on your reporting with TR Accuracy and put a number on your savings. No commitment; if the numbers don't work in your favour, we'll say so.

Email solutions@control-now.com for more details.

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About these figures. These are indicative figures. There is no fee per transaction. The comparison above uses Control Now's average price of £3,400 per month (£40,800 per year, excluding VAT); the final figure may increase depending on the level of service required. This page is not a quote or a contractual offer - pricing is confirmed in a proposal following the assessment. Savings shown compare fees only and do not include internal costs on either side.