REGIS-TR will collaborate with IHS Markit to provide an interoperable, full service reporting solution for Securities Finance Transaction Regulation (SFTR) requirements. IHS Markit’s SFTR reporting solution will combine its data handling and management capabilities with REGIS-TR’s expertise as one of Europe’s largest EMIR trade repositories. Together, the firms will offer a fully-hosted solution that leverages existing industry data workflows to lower the cost and operational burden of SFTR.
IHS Markit recently announced that BNY Mellon, Brown Brothers Harriman, Deutsche Bank Agency Lending, eSecLending, J.P. Morgan and Rabobank have signed on as design partners for the SFTR reporting solution that it is building with Pirum Systems. Each member of the initial design group will contribute their requirements and market expertise to ensure the fully-hosted, end-to-end reporting framework suits the diverse needs of the securities lending and repo communities.