Pirum/IHS Markit adds five firms to SFTR DPG 27 March 2018London Reporter: Jenna Lomax
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Pirum has added five firms to the Design Partner Group (DPG) of its Securities Financing Transactions Regulation (SFTR) reporting solution, in partnership with IHS Markit.
The five firms joining the DPG are Citi, Morgan Stanley, RBS, UBS and Vanguard.
The Pirum/IHS Markit SFTR reporting solution enables market participants to comply with their transaction reporting obligations through a modular platform.
These modules will assist in handling the data challenge posed by SFTR from data exchange, enrichment and warehousing to reconciliation and reporting via the approved trade repositories.
Rajen Sheth, Pirum CEO, said: “The addition of these five firms, representing all aspects of the securities finance business, to the DPG extends our collaboration across an even broader spectrum of market participants ensuring delivery of the most complete SFTR reporting solution.”
He added: “I look forward to working with all our clients in the coming months to help them meet their reporting obligations.”
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