The EquiLend SFTR Solution
Ensure regulatory compliance for your Securities Financing Transactions Regulation (SFTR) reporting obligations with EquiLend’s flexible SFTR solutions. EquiLend’s 20 years of expertise in securities finance industry technology enables us to offer SFTR solutions designed and tailored specifically to support our clients with their SFTR reporting.
EquiLend operates NGT, the securities finance industry’s most active trading platform, and a full suite of widely used post-trade comparison services, including the flagship Unified Comparison tool. This makes EquiLend ideally placed to offer a point-of-trade solution to support firms trading either principal to principal or principal to agency.
EquiLend and MarketAxess have additionally teamed up to offer a full STP solution from point of trade straight through to the trade repository of a client’s choice, allowing firms to obtain a pre-repository match, ensure accurate reporting and efficient exception management processing.
Not all firms are alike, and SFTR solutions are most certainly not one-size-fits-all. Depending on your firm’s needs, we offer a stand-alone solution and an STP option through our partnership with MarketAxess.
What is SFTR?
SFTR applies to securities financing transactions (SFTs) made with European entities. As a measure to increase transparency in SFTs, the regulation requires all firms subject to SFTR to report a range of matched, verified fields to a trade repository from which the regulator can access and analyze this data.
The SFTR reporting requirement went live July 13, 2020, for banks, broker-dealers, exchanges and CCPs, with buy-side firms required to begin reporting in October 2020.
EquiLend opens SFTR parallel production environment testing (Securities Lending Times) – May 21, 2020
Industry reacts to SFTR’s guidelines (Securities Lending Times) – January 8, 2020
Clients of MarketAxess and EquiLend begin SFTR testing (Global Custodian) – June 30, 2019
Roupie on sec finance, SFTR and the evolution of trading (Global Investor) – June 20, 2019
UnaVista adds 25 technology vendors to SFTR partner programme (Global Custodian) – June 20, 2019
DTCC Expands SFTR Partnerships (Markets Media) – June 10, 2019
Firms Eye SFTR Testing (Markets Media) February 4, 2019
A Day in the Life (Securities Lending Times) How the joint EquiLend/Trax solution can streamline SFTR reporting – October 2018
Is Time Running Out? (Securities Lending Times) Why there needs to be a focus on how your vendors support you – October 2018
SFTR Activity Ramps Up (Markets Media) August 10, 2018
EquiLend & Trax on SFTR (Securities Lending Times) – May 15, 2018
EquiLend and Trax to Launch Interoperable Front-to-Back SFTR Offering – September 20, 2017