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

DTCC Boosts Trade Reporting Solution with New Droit Partnership

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC), a pillar of post-trade market infrastructure, is joining forces with real-time transactional compliance provider Droit. The partnership will enable market participants to leverage Droit’s reporting eligibility capabilities within DTCC’s Pre-Reporting Transformation Services for supported G20 regimes, as well as the forthcoming Securities Financing Transactions Regulation (SFTR).

The joint offering is designed to mitigate regulatory risk by allowing firms to apply reporting eligibility logic before submitting transactions to the relevant registered trade repository.

DTCC’s Pre-Reporting Transformation Services assist clients to normalise, enrich and validate trade data – typically spread across a myriad of disparate sources, in varying formats – before it can then be submitted to the registered trade repository.

The addition of Droit’s ADEPT platform will provide clients with the option of including pre-installed reporting decision-making as part of DTCC’s one-stop solution for both SFTR and derivatives reporting regimes.

Market participants can now utilise DTCC’s Pre-Reporting Transformation Services for all key components of a regulatory reporting stack, using Droit to determine the full global cross-regulatory reporting implications and obligations associated with a transaction in real-time as well as receive complete auditability and traceability through to fully digitised regulatory text.

“Regulatory compliance is a key issue for market participants across the post-trade space,” says Val Wotton, Managing Director of Product Development & Strategy, Derivatives & Collateral Management at DTCC. “[We] will continue to work with our clients to help them understand how new and existing regulations can affect their day-to-day processes, and where we can provide value-add solutions.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: FRTB Implementation in APAC: An industry update and what is left to do

Date: 25 May 2023 Time: 9:00am London / 4:00pm Singapore Duration: 50 minutes Fundamental Review of the Trading Book (FRTB) regulation, a set of proposals from the Basel Committee on Banking Supervision (BCBS) for a new market risk-related capital requirement for banks, is due to be implemented across APAC over the next few years. Singapore...

BLOG

RegTech is Only as Good as the Data it Uses, Summit Told

While technology has automated regulatory compliance for financial institutions, vendors and users must vigilantly stay on top of the data behind it to adjust to changes in the laws they seek to address. New or different datasets and formats must be accommodated, and new data sources found as regulators redraw rules to protect participants in...

EVENT

ESG Data & Tech Briefing APAC

Join us in one of the greenest cities in the world as we bring together thought leading ESG specialists to explore how financial institutions are adapting to the evolving ESG regulatory and market infrastructure.

GUIDE

Practicalities of Working with the Global LEI

This special report accompanies a webinar we held on the popular topic of The Practicalities of Working with the Global LEI, discussing the current thinking around best practices for entity identification and data management. You can register here to get immediate access to the Special Report.