Comparison

MiFID II Reporting Tool vs Parali

Price, ratings, monetisation and update history for both apps, side by side β€” with what reviewers say about each.

Head to head
About

MiFID II Reporting Tool

This tool helps investment firms comply with MiFID II regulations by assisting in the determination of correct identification codes for natural and non-natural persons involved in financial instrument transactions. It aids in generating National Identification Codes (NIC) and verifying Legal Entity Identifiers (LEI).

Highlights
  • Determine correct identifier for natural persons (NIC)
  • Verify LEI for non-natural persons
  • Display LEI reference data
  • Assist with MiFIR Article 26 compliance
  • Support for EU/EEA financial markets
Features
Read full description

MiFID II is the Market in Financial Instruments Directive II. Together with the corresponding Regulation, MiFIR, it became effective in the EU and the EEA on 3-January-2018. Together, they aim at increasing investor protection and at bringing higher transparency to financial markets. As part of the regulatory framework, investment firms are required to report relevant transactions to the national authorities. The parties involved either as a beneficiary or as a decision maker in a reportable transaction with financial instruments will need to be identified with a code: 1. Natural persons with National Identification Code (NIC) 2. Non-natural persons with Legal Entity Identifier (LEI) The rules how to generate the NIC pursuant to MiFIR Article 26 and Commission Delegated Regulation (EU) 2017/590 are complex as they depend on the nationality and on the priority of the identifier. This tool shall assist in the determination of the correct identifier for natural persons and in the verification of the LEI for non-natural persons. Legal persons need to obtain an LEI from an Issuing Organisation. This tool will also allow you to display the reference data that is associated with a LEI.

About

Parali

Features
Read full description

Sistema de gestΓ£o de estacionamento.

Screenshots

MiFID II Reporting Tool4 screens
Parali4 screens

Verdict

The call

The clearest difference is price: Parali at Free against MiFID II Reporting Tool's $2.99. Parali also leads on update cadence (monthly vs every 3 months) and iOS requirement (15.0 vs 18.0). On ads, in-app purchases and device support there is nothing between them.

Scored on Price Β· Rating Β· Positive reviews Β· Number of ratings Β· Update frequency Β· Ads Β· In-app purchases Β· Monetization Β· Best chart rank Β· Devices Β· Requires iOS

CostPrice Β· In-app purchases Β· Ads Β· Monetization

Parali is free to download; MiFID II Reporting Tool costs $2.99 up front. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

MiFID II Reporting Tool ships an update every 3 months, Parali monthly. The most recent releases landed on June 1, 2026 and October 30, 2026 respectively.

Scorecard3 real differences Β· 5 level
MiFID II Reporting Tool versus Parali: the parameters behind the verdict, then further details
ParameterMiFID II Reporting ToolParali
Price$2.99Free β€” better
Positive reviews100.0% of reviewsβ€”
Update frequencyEvery 3 monthsMonthly β€” better
AdsNoNo
In-app purchasesNoNo
MonetizationPaidβ€”
DevicesiPhone, iPadiPhone, iPad, iPod β€” better
Requires iOS18.015.0 β€” better
Further details β€” not scored
Size36 MB53 MB
Age rating4+4+
DeveloperTim Mueller-SeydlitzPAGALI COMERCIO, SOCIEDADE UNIPESSOAL LDA

In-app purchases

None

MiFID II Reporting Tool

No in-app purchases

None

Parali

No in-app purchases

Questions

Is MiFID II Reporting Tool free?
MiFID II Reporting Tool costs $2.99, with no in-app purchases.
Is Parali free?
Parali is free to download, with no in-app purchases.
Do MiFID II Reporting Tool or Parali have ads?
Neither MiFID II Reporting Tool nor Parali shows ads.
Which is updated more often, MiFID II Reporting Tool or Parali?
MiFID II Reporting Tool ships an update every 3 months, and Parali monthly. Most recently, MiFID II Reporting Tool was updated on June 1, 2026 and Parali on October 30, 2026.

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