Broadridge Introduces Change Management Service for SFTR

Broadridge Financial Solutions has introduced a change management service to help companies design target operating models that are compliant with Securities Financing Transactions Regulation (SFTR). The service provides a blueprint for front-to-back changes to overall architecture, organisational structure, business processes and location strategy. The company is also offering project management, business analysis and testing support to augment internal project teams. Broadridge says the time is now to define operating models to meet reporting deadlines and avoid increases in costs and operational risk. Firms must also resolve questions around areas such as data sources, exception management and reporting vendor services.