UnaVista SFTR closure casts doubt on viability of reg reporting
The decision to shutter the service is another blow to the industry and the business case of reg reporting under SFTR.
In late July, UnaVista, the regulatory reporting arm of London Stock Exchange Group, announced plans to close its Securities Financing Transactions Regulation (SFTR) service on January 31, 2022, making it the industry’s latest casualty in a battle with high running costs and wafer-thin margins.
The past two years have seen multiple providers in the regulatory reporting space roll back or offload their services—most notably Deutsche Börse’s sale of its Regulatory Reporting Hub to MarketAxess
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Data Management
Waters Wavelength
Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
IBM’s general manager of global banking and financial markets joins the podcast to talk about the importance of modernizing mainframes.
Subscribe to Weekly Wrap emails
Most read
- The future of algo trading: Using deep learning to more accurately predict equity market volumes
- Top venues mull offering joint EU consolidated tape for bonds
- Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
- Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
- In pursuit of API-ness: Rise of API interfaces hints at data platforms of the future