Broadridge launches change management service for SFTR compliance
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Broadridge launches change management service for SFTR compliance 18 June 2019New York Reporter: Jenna Lomax
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Broadridge Financial Solutions has launched a management service to help companies design their target operating models to be compliant with the Securities Financing Transactions Regulation (SFTR).
The new service provides a practical blueprint for front-to-back changes to overall architecture, organisational structure, business processes and location strategy.
Broadridge will also offer project management, business analysis and testing support to augment internal project teams and help firms comply with SFTR in a timely manner.
Patrick Collins, practice lead for Broadridge Consulting Services in Europe, the Middle East and Africa, said: “At Broadridge, we leverage our deep knowledge of the securities finance business, experts who have held senior roles in banks, and lessons learned from The European Market Infrastructure Regulation and Markets in Financial Instruments Directive trade reporting to help clients solve issues related to SFTR implementation.”
He added: “We can specialise in helping firms cut through the complexity of SFTR, creating a long-term vision for their SFTR operating model that will provide a platform for future expansion.”
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