The current global reporting ecosystem consists of many different actors and reporting frameworks, including the different national and international requirements. Investment firms are often required to comply with multiple reporting obligations, such as the SEC Form PF, CFTC Form CPO-PQR, AIFMD Annex IV, etc. The development of separate reporting frameworks to fulfil different needs has, in many instances, led to overlaps in data requested and ad hoc requests and national requirements have offset the benefits a single set of harmonised reporting requirements across, in particular, the EU.