Securities Financing Transactions Regulation (SFTR)

Regime-agnostic data-driven platform enables counterparties to determine eligibility, manage exceptions, report to TRs for mandates including SFTR, EMIR, MiFIR

Overview


Device Frame
A New Regime

The European Commission’s Securities Financing Transactions Regulation (SFTR) adds another layer to ever-evolving, more stringent and complex trade and transaction reporting requirements. SFTR increases the reporting burden and risk of compliance breaches that counterparties already face.

Trades In Scope

  • Securities and commodities lending and borrowing
  • Repurchases

  • Buy/sell-backs and sell/buy-backs
  • Margin lending

Eligible Counterparties

  • European Union (EU) counterparties
  • Non-financial counterparties
  • Financial counterparties

  • Any branches of EU entities domiciled outside the EU
  • Any branches of non-EU entities located in the EU

Life Cycle Events

  • Counterparties must report SFT details to trade repositories (TRs) within a T+1 timeline

  • Conclusion, Modification, Termination

Questions to Consider

  • Are we technologically prepared to automate all TR submissions, including delegated submissions?
  • Can our data collection, validation, enrichment, and submission process scale to accommodate SFTR?
  • Is our infrastructure equipped to accommodate yet another trade and transaction regulation regime?

  • Can we integrate our current regime processes to achieve transparency and reduce resource burdens for reporting submissions?
  • Is our approach to addressing the reconciliation of unpaired and unmatched trades efficient and in line with industry best practices?

Need to replace CME NEX Abide, Deutsche Börse or other hubs?

Solution

Flexible & Transparent

AxiomSL’s flexible, regime-agnostic, and transparent Securities Financing Transactions Regulation (SFTR) solution provides counterparties with a seamless process to comply with reporting requirements.


Running on AxiomSL’s data integrity and control platform, ControllerView®, the SFTR solution enables counterparties to manage all data collection, validation, enrichment, and submission requirements in one place.
Capabilities

Running on ControllerView the solution:

  • Delivers comprehensive trade and transaction reporting for all global reporting requirements
  • Provides a single, regime-agnostic exception management capability
  • Web-based and deployable on AxiomSL’s secure RegCloud™

  • Automatically identifies all in-scope SFTR transactions and produces regulatory reports
  • Enables a fully auditable and traceable resolution of trade exceptions
  • Facilitates visibility of the end-to-end life cycle of reported trades

Device Frame

AxiomSL’s End-to-End SFTR Solution

A flexible, regime-agnostic, and transparent solution provides counterparties with a seamless process to comply with SFTR reporting requirements.

AxiomSL’s End-to-End SFTR Solution

Click image to view at full size

For more information about AxiomSL’s SFTR Solution, download the PDF.

Benefits

Optimizes infrastructure and resource burdens by delivering trade and transaction reporting on a single platform

Validates and enriches data automatically leveraging AxiomSL’s SecurityView data dictionary approach

Delivers comprehensive transaction reporting for all global requirements

Clearly displays exceptions by status on a dashboard —providing quick insight into data-quality issues

Enables transparent data drill-down and maintains audit trail of changes for books and records

Provides regime-agnostic exception management capabilities

Deep Dive

A Regime-Agnostic Trade and Transaction Reporting Solution

As the list of trade and transaction regimes keeps growing, including SFTR, MiFID, Dodd Frank, EMIR, MAS, ASIC, and FinfraG, we invite you to view a short video introducing AxiomSL’s strategic trade and transaction solution that positions counterparties to scale reporting and adapt quickly to regulatory changes in the age of COVID-19.

Related Insights

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept