Deutsche Börse’s Regulatory Reporting Hub is adding a new solution for the Securities Financing Transactions Regulation (SFTR) to its suite of regulatory reporting services. It will help clients manage their SFTR reporting challenges, improve reporting data quality and reporting efficiency, and over 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’s cleared securities lending and repo business. Furthermore, the Hub enables Eurex Clearing members to enrich their SFTR reporting with Eurex Repo and Eurex Clearing data (Counterparty, Transaction & Principal Collateral, CCP Margin). This enrichment service covers all SFTR-reportable transactions that are concluded on Eurex Repo and cleared by Eurex Clearing as central counterparty (CCP) (cleared repo incl. GC Pooling, cleared securities lending).
This offering reduces SFTR implementation costs for clearing participants and increases reporting efficiency by using consistent data. “Deutsche Börse’s Regulatory Reporting Hub will deliver a unique solution for SFTR by leveraging the Group’s specific assets and reference data,” said Thomas Feindt, head of Regulatory Services at Deutsche Börse, in a statement.