How would you define the success of LSEG's UnaVista regulatory reporting platform?

Introduction

Defining the success of LSEG's UnaVista regulatory reporting platform requires a comprehensive approach that considers multiple stakeholders and metrics. To address this product success metrics challenge, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Step 1

Product Context

UnaVista is a regulatory reporting platform provided by the London Stock Exchange Group (LSEG). It helps financial institutions comply with various reporting requirements across multiple jurisdictions. Key stakeholders include:

1. Financial institutions (primary users)
2. Regulators
3. LSEG (platform provider)
4. Technology partners

The user flow typically involves:

1. Data ingestion: Users upload or connect their transaction data to UnaVista.
2. Data validation: The platform checks for errors and inconsistencies.
3. Report generation: UnaVista creates compliant reports based on regulatory requirements.
4. Submission: Reports are sent to the appropriate regulatory bodies.
5. Monitoring: Users track submission status and manage any issues.

UnaVista fits into LSEG's broader strategy of providing critical market infrastructure and data services to the financial industry. It competes with other regulatory reporting solutions like IHS Markit's Cappitech and Refinitiv's TREP.

In terms of product lifecycle, UnaVista is in the growth stage, with ongoing expansion into new markets and regulatory regimes.