EquiLend and Trax SFTR test environment now live
26 April 2019 London
Image: Shutterstock
EquiLend and Trax are now live with its Securities Finance Transactions Regulation (SFTR) test environment.
The test environment allows firms to test the eligibility, data enrichment, and business validations process and view outputs from a single dashboard.
According to EquiLend and Trax, the solution offers clients a seamless SFTR experience from the point of trade through to trade repository reporting.
Clients will benefit from UTI generation at the point of trade in EquiLend Next Generation Trading.
Additionally, display and management of loan allocations in EquiLend Post-Trade Suite will also provide benefits for clients.
Meanwhile, access to Trax’s UTI portal, a centralised location where counterparties can share UTIs will be another benefit, EquiLend and Trax revealed.
Data enrichment delegated reporting and status dashboard in Trax Insight was also listed as another benefit that the solution can bring to clients.
The test environment allows firms to test the eligibility, data enrichment, and business validations process and view outputs from a single dashboard.
According to EquiLend and Trax, the solution offers clients a seamless SFTR experience from the point of trade through to trade repository reporting.
Clients will benefit from UTI generation at the point of trade in EquiLend Next Generation Trading.
Additionally, display and management of loan allocations in EquiLend Post-Trade Suite will also provide benefits for clients.
Meanwhile, access to Trax’s UTI portal, a centralised location where counterparties can share UTIs will be another benefit, EquiLend and Trax revealed.
Data enrichment delegated reporting and status dashboard in Trax Insight was also listed as another benefit that the solution can bring to clients.
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