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

Finastra Prepares for SFTR with Regulatory Reporting-as-a-Service

Subscribe to our newsletter

Finastra, the third largest FinTech firm in the world following the merger of D+H and Misys back in 2017, this week launched a bespoke new SFTR reporting tool to help banks prepare for the fast-approaching April 2020 deadline. A cloud-based product built on the firm’s existing regulatory reporting solution, the product is designed to help clients reduce time and costs associated with data capture and compliance.

Regulatory reporting is a vital but highly complex process for financial institutions,” says Michael Henssler, General Manager Treasury and Capital Markets at Finastra. “Many banks are still using manual, labour-intensive processes to report on regulations such as MiFID II and EMIR. From April 2020, banks and investments firms will need to start reporting on securities financing transactions – a daunting task should they not have the right resources and technologies in place. By moving regulatory reporting to the cloud, as a managed service, we are enabling banks to report at speed, removing complex manual processes. Those who chose cloud-based technology will be more prepared when it comes to new regulations and can free up resources to focus on new revenue streams.”

Regulatory Reporting-as-a-Service is hosted in Finastra’s private cloud and provides a single regulation tool that collects and checks transaction information, such as repurchase transactions, securities or commodities borrowing and margin lending agreements, from banks’ own or third-party systems.

“Regulatory risks are minimized when data is securely stored in a cloud environment, and business value can be unlocked from combining data across the silos that exist in nearly every large capital markets firm,” notes Virginie O’Shea, Research Director at Aite Group. “Even regulators are using cloud environments for cross-industry data aggregation purposes. In an environment that is as global as capital markets, working with a strategic repository of reporting data is a key benefit as regulators in other jurisdictions may follow their peers in implementing similar compliance obligations.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

Navigating the Regulatory Data Labyrinth: Foundations, Collaboration, and the Pursuit of Trust

Regulatory reporting remains a significant challenge for financial institutions, driven by ever-evolving requirements and the sheer volume and complexity of data involved. A recent webinar, hosted by A-Team Group and co-sponsored by Nice Actimize and Derivative Service Bureau, brought together industry experts to discuss best practices in data management for regulatory reporting, offering valuable insights...

EVENT

ESG Data & Tech Briefing London

The ESG Data & Tech Briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...