IHS Markit SFTR Solution Adds Five Industry Design Partners

IHS Markit today announced that the repo, securities lending and borrowing, and prime brokerage divisions of Citi, Morgan Stanley, RBC, UBS and Vanguard have joined the design partner group for its Securities Finance Transaction Regulation (SFTR) reporting solution with Pirum Systems.

These firms bring the SFTR design partner group to 32 clients and partners in total, representing industry leaders in repo markets, buy/sell backs, sell/buy backs, securities lending and borrowing, and margin lending.

“With MiFID II in effect, the securities finance industry is preparing for future obligations under SFTR, which for the first time imposes trade reporting requirements on repos and other transactions,” said Ed Marhefka, managing director and global co-head of Securities Finance at IHS Markit. “Our design partner group brings together global expertise across the full spectrum of securities finance transactions, which will help us deliver the industry’s most robust and efficient SFTR reporting solution.”

The full press release is available here.

Related Posts

Previous Post
New research on dollar funding shows Japanese banks pay a 3bp premium on repo – what’s going on here?
Next Post
UK Financial Policy Committee says cryptocurrency not a material risk to UK financial stability

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account