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

Upcoming Webinar: Market Abuse Regulation: How to Detect and Analyse Abusive Market Transactions

Date: 28 March 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Market abuse is a potential problem for many financial institutions. It typically covers insider dealing, unlawful disclosure of inside information, and market manipulation, and is often difficult to detect and report in line with regulations such as Market Abuse...

BLOG

EU Regulatory Priorities for 2023, According to our Brussels Insider

Higher Interest Rates, A Volatile Crypto-Asset Environment and the Growth of Opaque Non-Bank Institutions Challenge Central Banks and Regulators in the EU. These were the opening remarks of Dr. David Doyle, an EU financial services regulatory expert, and frequent speaker at A-Team Group conferences, when we met up with him early in the New Year...

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...