Deutsche Boerse鈥檚 regulatory reporting hub to start SFTR services
29 May 2019 Frankfurt
Image: Shutterstock
Deutsche B枚rse鈥檚 regulatory reporting hub is adding a new solution for the Securities Financing Transactions Regulation (SFTR) to its suite of regulatory reporting services.
The solution will help clients manage SFTR reporting challenges, improve reporting data quality and reporting efficiency.
The hub鈥檚 SFTR solution will cover data collection, validation, enrichment, submission report construction and trade repository integration with REGIS-TR.
Clients will be able to report any type of securities financing transactions (SFTs) through the platform.
The hub will ensure SFTR compliance for Eurex Clearing鈥檚 cleared securities lending and repo business.
The hub also enables Eurex Clearing members to enrich their SFTR reporting with Eurex Repo and Eurex Clearing data (counterparty, transaction and principal collateral, CCP margin).
This enrichment service covers all SFTR-reportable transactions that are concluded on Eurex Repo and cleared by Eurex Clearing as CCPs.
This offering reduces SFTR implementation costs for clearing participants and increases reporting efficiency by using consistent data.
Thomas Feindt, head of regulatory services at Deutsche Boerse, said: 鈥淒eutsche Boerse鈥檚 regulatory reporting hub will deliver a unique solution for SFTR by leveraging the Group鈥檚 specific assets and reference data. Deutsche Boerse鈥檚 SFTR reporting service enables our clients to leverage synergies across multiple regulations.鈥�
The solution will help clients manage SFTR reporting challenges, improve reporting data quality and reporting efficiency.
The hub鈥檚 SFTR solution will cover data collection, validation, enrichment, submission report construction and trade repository integration with REGIS-TR.
Clients will be able to report any type of securities financing transactions (SFTs) through the platform.
The hub will ensure SFTR compliance for Eurex Clearing鈥檚 cleared securities lending and repo business.
The hub also enables Eurex Clearing members to enrich their SFTR reporting with Eurex Repo and Eurex Clearing data (counterparty, transaction and principal collateral, CCP margin).
This enrichment service covers all SFTR-reportable transactions that are concluded on Eurex Repo and cleared by Eurex Clearing as CCPs.
This offering reduces SFTR implementation costs for clearing participants and increases reporting efficiency by using consistent data.
Thomas Feindt, head of regulatory services at Deutsche Boerse, said: 鈥淒eutsche Boerse鈥檚 regulatory reporting hub will deliver a unique solution for SFTR by leveraging the Group鈥檚 specific assets and reference data. Deutsche Boerse鈥檚 SFTR reporting service enables our clients to leverage synergies across multiple regulations.鈥�
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