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?

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


AxiomSL’s End-to-End SFTR Solution

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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

Breakdown by regime and eligibility status; Drill directly into underlying data for relevant trades


AxiomSL's SFTR Solution - Eligibility And Drilldown

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Transparent user interface; clear exception reasons with auditable resolution


AxiomSL's SFTR Solution - Exception Management and Drilldown

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