Barclays, Goldman Sachs and J.P. Morgan sign up for DTCC鈥檚 GTR
04 June 2019 London
Image: Shutterstock
Barclays, Goldman Sachs and J.P. Morgan will use DTCC鈥檚 global trade repository (GTR) service in order to meet their regulatory obligations under the Securities Financing Transactions Regulation.
DTCC鈥檚 GTR solution supports all product types to be reported under SFTR, including repo and reverse repo, securities and commodities lending and borrowing, sell/buy-back, buy/sell-back and margin lending and borrowing.
DTCC鈥檚 GTR now supports the European Market Infrastructure Regulation, the Financial Market Infrastructure Act and SFTR regulations from a single global platform through its London-based registered trade repository.
Val Wotton, managing director, product development and strategy, repository and derivatives services and collateral management at DTCC, said: 鈥淒TCC is committed to serving clients, and creating opportunities to protect the stability and integrity of the global financial system鈥搒uch as readying the industry for regulatory mandates, including SFTR.鈥�
He added: 鈥淏arclays, Goldman Sachs and J.P. Morgan are valued clients, and we鈥檙e delighted to be working with them in the securities financing arena to achieve the transparency and risk mitigation that the G20 intended.鈥�
DTCC鈥檚 GTR solution supports all product types to be reported under SFTR, including repo and reverse repo, securities and commodities lending and borrowing, sell/buy-back, buy/sell-back and margin lending and borrowing.
DTCC鈥檚 GTR now supports the European Market Infrastructure Regulation, the Financial Market Infrastructure Act and SFTR regulations from a single global platform through its London-based registered trade repository.
Val Wotton, managing director, product development and strategy, repository and derivatives services and collateral management at DTCC, said: 鈥淒TCC is committed to serving clients, and creating opportunities to protect the stability and integrity of the global financial system鈥搒uch as readying the industry for regulatory mandates, including SFTR.鈥�
He added: 鈥淏arclays, Goldman Sachs and J.P. Morgan are valued clients, and we鈥檙e delighted to be working with them in the securities financing arena to achieve the transparency and risk mitigation that the G20 intended.鈥�
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