NEX Regulatory Reporting provides clients with tools to efficiently manage the reporting requirements imposed by the Securities Financing Transactions Regulation (SFTR).
The regulation requires financial and non-financial counterparties to report their Securities Financing Transactions (SFTs) to authorised SFTR Trade Repositories (TR) for direct and immediate data access to NCAs.
Controlled from a single, secure and intuitive user interface, clients submit their transactional data, into the NEX Regulatory Reporting Hub in multiple formats and from multiple sources, for data normalisation, enrichment, determination, reconciliation and validation. It is then delivered to the relevant regulatory end-point.
Agile Hub technology enables seamless processing of high data volumes, flexible cross-regime and cross-asset class reporting, making it the ultimate end to end reporting solution.
* NEX Regulatory Reporting is expecting ESMA’s approval to become a trade repository in 2017. Therefore, firms will be able to report their SFTs via NEX Regulatory Reporting when SFTR goes live in 2018.