Regime-agnostic data-driven platform enables counterparties to determine eligibility, manage exceptions, report to TRs for mandates including SFTR, EMIR, MiFIR
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?
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
AxiomSL’s End-to-End SFTR Solution
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For more information about AxiomSL’s SFTR Solution, download the PDF.
Breakdown by regime and eligibility status; Drill directly into underlying data for relevant trades
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Transparent user interface; clear exception reasons with auditable resolution
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