REGIS-TR and Sensiple to Partner on Delegated Reporting Services for SFTR

by Finance Magnates Staff
  • Deutsche Boerse joint venture's clients can now use Sensiple's platform Setrega to delegate their end-to-end reporting
REGIS-TR and Sensiple to Partner on Delegated Reporting Services for SFTR
Deutsche Börse Group Logo

The European trade repository REGIS-TR is set to join forces with Sensiple, a financial technology solution provider, Deutsche Boerse announced today.

The partnership aims to provide an interoperable, web-based, end-to-end automated reporting solution for Securities Finance Transaction Regulation (SFTR) requirements.

Sensiple is working with REGIS-TR and market participants to integrate its regulatory platform Setrega, to provide straight-through processing SFTR reporting automation.

They will offer clients the capability to use Setrega’s technology to delegate their end-to-end reporting.

Clients can also push files to Sensiple for conversion into ISO standard 20022 to be reported seamlessly to REGIS-TR under SFTR.

Setrega is also cross-jurisdictional in nature, where clients with multiple reporting Obligations to MiFIR, EMIR, and other regulatory requirements within the G20 framework, can make use of this platform to ensure reporting accuracy and completeness.

Reliable framework for SFTR compliance

“Sensiple is working with industry leaders to design an SFTR reporting solution that can reduce the complexity of routing data to trade repositories. Sensiple’s SFT technology expertise, data management and augmentation services, together with our cost-effective solution and flexible account model, provide market participants with a reliable framework for SFTR compliance. We are delighted to be working with them on this initiative,” Nick Bruce, Head of Business Development at REGIS-TR says.

“Setrega is the flagship regulatory suite of solutions from the stable of Sensiple. Leveraging cutting-edge technologies and understanding market demands has been indispensable in the lifecycle of Setrega, which is cross-jurisdictional and asset-agnostic in nature. This partnership with REGIS-TR will give Setrega an impetus to provide robust, efficient regulatory solutions to automate and digitise clients’ entire regulatory infrastructure and carve new heights in the targeted markets,” says Kumaraswamy, MD & COO at Sensiple.

SFTR requires EU counterparties to report their securities finance transaction details to a registered trade repository. Sensiple’s SFTR reporting solution will combine its technology solutions and data management capabilities with REGIS-TR's expertise as one of Europe's largest trade repositories. Together, the firms will offer a fully hosted solution that leverages existing industry data workflows to lower the cost and the operational burden of SFTR.

REGIS-TR is a leading European trade repository offering reporting services covering all the major European trade repository obligations.

It is a joint venture of Clearstream (Deutsche Börse Group) and Iberclear (BME Group).

www.regis-tr.com

The European trade repository REGIS-TR is set to join forces with Sensiple, a financial technology solution provider, Deutsche Boerse announced today.

The partnership aims to provide an interoperable, web-based, end-to-end automated reporting solution for Securities Finance Transaction Regulation (SFTR) requirements.

Sensiple is working with REGIS-TR and market participants to integrate its regulatory platform Setrega, to provide straight-through processing SFTR reporting automation.

They will offer clients the capability to use Setrega’s technology to delegate their end-to-end reporting.

Clients can also push files to Sensiple for conversion into ISO standard 20022 to be reported seamlessly to REGIS-TR under SFTR.

Setrega is also cross-jurisdictional in nature, where clients with multiple reporting Obligations to MiFIR, EMIR, and other regulatory requirements within the G20 framework, can make use of this platform to ensure reporting accuracy and completeness.

Reliable framework for SFTR compliance

“Sensiple is working with industry leaders to design an SFTR reporting solution that can reduce the complexity of routing data to trade repositories. Sensiple’s SFT technology expertise, data management and augmentation services, together with our cost-effective solution and flexible account model, provide market participants with a reliable framework for SFTR compliance. We are delighted to be working with them on this initiative,” Nick Bruce, Head of Business Development at REGIS-TR says.

“Setrega is the flagship regulatory suite of solutions from the stable of Sensiple. Leveraging cutting-edge technologies and understanding market demands has been indispensable in the lifecycle of Setrega, which is cross-jurisdictional and asset-agnostic in nature. This partnership with REGIS-TR will give Setrega an impetus to provide robust, efficient regulatory solutions to automate and digitise clients’ entire regulatory infrastructure and carve new heights in the targeted markets,” says Kumaraswamy, MD & COO at Sensiple.

SFTR requires EU counterparties to report their securities finance transaction details to a registered trade repository. Sensiple’s SFTR reporting solution will combine its technology solutions and data management capabilities with REGIS-TR's expertise as one of Europe's largest trade repositories. Together, the firms will offer a fully hosted solution that leverages existing industry data workflows to lower the cost and the operational burden of SFTR.

REGIS-TR is a leading European trade repository offering reporting services covering all the major European trade repository obligations.

It is a joint venture of Clearstream (Deutsche Börse Group) and Iberclear (BME Group).

www.regis-tr.com

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Finance Magnates Staff
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