About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Barclays, Goldman Sachs and J.P. Morgan select DTCC for SFTR compliance

Subscribe to our newsletter

As the deadline for the European Union’s Securities Financial Transactions Regulation (SFTR) approaches,  Barclays, Goldman Sachs and J.P. Morgan have signed up to use DTCC’s Global Trade Repository (GTR) service to meet their obligations under the regulation, which is due to take effect in April 2020. Other banks already signed up to the service as they prepare for SFTR compliance include SEB and Societe Generale.

The DTCC 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. In addition to supporting core trade repository requirements, the solution offers value-added services, such as data transformation tools and consulting. It also adds to services for EMIR and Finfrag that are built on the GTR platform.

The company advises firms within the scope of the regulation to take a strategic approach to its requirements, rather than viewing them as a compliance exercise, in order to gain opportunities including increased levels of pre-trade matching, reduced trade fails and greater collateral efficiencies, which will result in benefits such as balance sheet optimisation.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Teciem Launches with New Investment Focus on Treasury, Capital Markets, Risk and Regulatory Technology

When Teciem formally launched as a standalone company in early February, it marked the culmination of a process that had been several years in the making. The business, formerly Finastra’s Treasury and Capital Markets (TCM) unit, now operates independently with a singular focus: delivering mission-critical technology for treasury, capital markets, risk management and regulatory compliance....

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Data Lineage Handbook

Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...