Deutsche Boerse selects Regis-TR as SFTR repository
31 January 2018 London
Image: Shutterstock
Regis-TR, a European repository services provider, has been named as the trade repository of choice for Clearstream and Eurex under Securities Financing Transactions Regulation (SFTR).
According to Regis-TR, its SFTR reporting solution will combine its experience as trade repository under the European Markets Infrastructure Regulation with Deutsche Boerse Group’s Global Funding and Financing (GFF) suite of products and services.
SFTR will requires EU counterparties to report a granular data on their securities finance transaction to a registered trade repository.
The regulation’s requirements are expected to be confirmed by the European Commission at some point in Q2, with a predicted implementation date set for 12 months after that date.
Irene Mermigidis, managing director at Regis-TR, said: “We’re delighted to be able to offer this solution. We are uniquely positioned as a trade repository with expertise in regulatory reporting, but also with a wealth of knowledge in the securities finance world through our sister companies at Clearstream and Eurex.”
“This announcement marks the continuation of our close collaboration to alleviate the reporting burden for market participants to the greatest extent possible. We are the natural choice of trade repository for SFTR.”
According to Regis-TR, its SFTR reporting solution will combine its experience as trade repository under the European Markets Infrastructure Regulation with Deutsche Boerse Group’s Global Funding and Financing (GFF) suite of products and services.
SFTR will requires EU counterparties to report a granular data on their securities finance transaction to a registered trade repository.
The regulation’s requirements are expected to be confirmed by the European Commission at some point in Q2, with a predicted implementation date set for 12 months after that date.
Irene Mermigidis, managing director at Regis-TR, said: “We’re delighted to be able to offer this solution. We are uniquely positioned as a trade repository with expertise in regulatory reporting, but also with a wealth of knowledge in the securities finance world through our sister companies at Clearstream and Eurex.”
“This announcement marks the continuation of our close collaboration to alleviate the reporting burden for market participants to the greatest extent possible. We are the natural choice of trade repository for SFTR.”
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