How Agentic AI is Transforming  Transaction Reporting: A Consultant’s Success Story

In today’s rapidly evolving regulatory landscape, financial institutions face increasing pressure to ensure accuracy and compliance in transaction reporting especially since recent EMIR Refit updates. At First Derivative and EPAM, our consultants are not only keeping pace with these changes but are also leading the way in leveraging advanced AI solutions to deliver real value for our clients.

At First Derivative, we believe in supporting our people on their AI upskilling journey empowering them to experiment, showcase, and leverage cutting-edge tools like CodeMie, DIAL, and ELITEA. Our vibrant communities and forums foster knowledge sharing, engagement, and continuous learning, ensuring our teams are always at the forefront of technology adoption.

Recently Micheal demonstrated the power of Agentic AI by using CodeMie, an EPAM-developed AI platform, to support a client’s transaction reporting remediation for EMIR Refit. The challenge was clear: the client needed to quickly and accurately remediate their transaction reporting processes to meet the new regulatory requirements.

By harnessing CodeMie, Micheal defined and deployed custom AI agents that automated key aspects of the remediation process. This approach not only accelerated the project timeline but also improved data accuracy and reduced operational risk. The AI agent was able to analyze large volumes of transaction data, identify discrepancies, and suggest corrective actions, freeing up the client’s team to focus on higher-value tasks.

What’s truly exciting is how our teams are now building agents that can select the best models for each task, paving the way for smarter, more adaptive solutions. As we look to the future, observability and monitoring will be crucial to prevent agent or model drift, ensuring our solutions remain robust and compliant.

At First Derivative, we empower our consultants with a suite of innovative AI platforms, including CodeMie, DIAL, and ELITEA. These tools enable us to deliver tailored solutions that address our clients’ most complex challenges. Our commitment to staying at the forefront of AI adoption ensures that our clients benefit from the latest advancements in technology and best practices.

The successful use of Agentic AI for EMIR Refit transaction reporting is just one example of how EPAM consultants are driving digital transformation in the financial sector. As regulations continue to evolve, we remain dedicated to equipping our teams with the tools and expertise needed to help our clients stay compliant, competitive, and future-ready.