Gearing up for SFTR: EMIR reporting on a whole new level
Date: Thursday, 11 Oct 2018
Time: 11am (UK)
With Securities Financing Transactions Regulation (SFTR) due to kick off in the next few months, now is the time for firms to develop a plan for achieving compliance. Up to 153 data fields are reportable under SFTR. Much of that data may not be readily available, requiring firms to first tackle underlying data sourcing and aggregation challenges before they can implement reporting.
How can your organization quickly and effectively adapt to this upcoming change? In this webinar, Catena Technologies and DTCC will help firms understand and prepare for upcoming SFTR reporting challenges. Common questions that the webinar will cover include:
• Which firms are required to report?
• Which products are affected?
• What information needs to be reported?
• What level of reporting timeliness is required?
• How will reconciliation be handled?
• Industry landscape for repo and securities finance / lending transactions
• Reporting requirements and timeline for SFTR
• How SFTR reporting differs from EMIR and MiFID II reporting
• Approaches to minimize effort and cost while achieving SFTR compliance
• Selecting an SFTR trade repository
About Catena Technologies
Catena Technologies Pte Ltd is a Fintech company that specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Headquartered in Singapore, the company has provided products and services to customers across the world, including the U.S., U.K., Europe, and Asia Pacific. Catena Technologies combines in-depth knowledge of the financial markets with expertise implementing cutting-edge solutions.
With 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to financial markets. In 2017, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $1.61 quadrillion. Its depository provides custody and asset servicing for securities issues from 131 countries and territories valued at U.S. $57.4 trillion. DTCC’s Global Trade Repository for OTC derivatives reporting is the largest, serving approximately 80% of the global market. GTR maintains approximately 40 million open OTC positions per week, processes over fourteen billion messages annually, covers 100,000 entities and connects to 150 partners worldwide. For ESMA reporting alone, GTR captures around 60% of market volume and has the largest community of users.