Consolidated Audit Trail (CAT) Reporting
CAT reporting requires capturing every order event, from origination to execution, with microsecond precision and submitting it to the CAT system on schedule. 3forge ingests and normalizes order lifecycle data from every venue and system, applying the transformation and linkage logic needed for compliant FINRA submissions at scale.
The Challenge
CAT Compliance Demands Data Precision That Manual Processes Cannot Deliver
CAT data must be complete, linked, timestamped to microsecond precision, and submitted on time, requirements that overwhelm firms relying on manual data assembly and ad-hoc scripts.
Multi-source data complexity
CAT data must come from OMS, EMS, and venue systems with different schemas, identifiers, and clock sources, and normalizing this at scale requires purpose-built infrastructure.
Clock synchronization
CAT requires timestamps accurate to one microsecond, and ensuring clock synchronization across all reporting systems is an ongoing operational challenge that cannot be solved once and forgotten.
Event linkage across systems
Every order event must be linked to the original order using a consistent identifier, as broken linkage is one of the most common CAT reporting errors and triggers regulatory scrutiny.
Error correction workflows
Rejected CAT submissions require rapid identification, correction, and resubmission. Without an automated workflow, corrections require manual effort and risk missing resubmission deadlines.
The 3forge Approach
Automated CAT Data Pipeline: From Ingestion to Submission
3forge connects to every source system through pre-built adapters, normalizes order events into the CAT-required schema, links related events through the full order lifecycle, and routes compliant submissions automatically, with exception management built in.
Key Capabilities
What You Can Build with 3forge
Multi-Source Ingestion
Connect to OMS, EMS, and venue feeds through pre-built adapters to capture all order events automatically without manual data assembly.
Schema Normalization
Transform data from any source format into the CAT-required schema without manual scripting or fragile field mapping maintenance.
Clock Synchronization Monitoring
Continuously monitor timestamp accuracy across all source systems and alert when synchronization drifts outside acceptable tolerance.
Event Linkage
Automatically link related order events, including new, amend, cancel, and fill, using consistent identifiers throughout the full order lifecycle.
Submission Workflow
Automate end-of-day submission batches with built-in validation, confirmation tracking, and exception alerting for any rejected records.
Error Correction
Identify rejected submissions, surface the error details in context, and route corrected records back through the submission pipeline automatically.
Get started
Ready to see it live?
Book a 30-minute demo with a 3forge solutions engineer and see an automated CAT reporting pipeline running on real order data.