The European trade repository REGIS-TR will collaborate with GLMX, provider of pre- and post-trade technology solutions for repurchase agreements and secured lending, to provide an interoperable, full-service reporting solution for SFTR requirements. Together, they will offer a hosted solution that leverages existing industry data workflows to lower cost and operational burden of SFTR. GLMX has been testing with REGIS-TR and market participants to design a straight-through processing reporting solution, and clients will be able to use GLMX’s pre- and post-trade platform services and then delegate their reporting to GLMX to report their securities finance transactions to REGIS-TR under SFTR.
A-Team Insight Briefs
Recorded Webinar: High noon for surveillance: resolving tension between the costs of false positives, challenges of calibration, and compliance
When it comes to trade surveillance, regulators want firms to do their own alert calibration, examine all alerts, and keep auditable records. Firms need to balance the real cost of false positives with the technical challenge and risk of self-calibrating and auto-calibrating, while compliance, IT and vendors have to grapple with the need for defensible...
Following a letter from trade bodies including the International Securities Lending Association (ISLA) and the International Capital Market Association (ICMA) this week, EU regulator ESMA is expected to issue clarification on whether it might consider a six-month delay to the upcoming Securities Financing Transactions Regulation (SFTR) currently due to go live in April. The joint...
Now in its 4th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...