SFTR reporting: SimCorp’s solutions
With Sofia you can manage REPO and securities lending transactions, together with the related collateral holdings.
July 8, 2020 - These transactions must be reported in accordance with the SFTR Regulations. Please note that the reporting obligation is mandatory for all financial institutions based in the EU, regardless of their size.
With the new fields now available in Sofia you can store information on counterparties, contracts, and transactions to be included in the reports and thus choose whether to manage SFTR reporting externally or using the SimCorp Group solution. This solution integrates data extracted from Sofia directly in the SimCorp Regulatory Reporting Platform, thus offering a modern and functional User Interface, constantly up to date with the regulations.
Contact sofia.sales@simcorp.com to learn more.