NEX : Regulatory Reporting partners with Delta Capita to provide SFTR advice to clients

London - NEX Regulatory Reporting announces today that it has partnered with Delta Capita, an international business and technology consulting provider, who will offer specialist advice to clients ahead of the Securities Financing Transactions Regulation (SFTR) coming into effect.

Delta Capita's Securities Finance and Collateral Management Practice has successfully helped tier-one banks and large buy-side clients with their MiFID II implementation projects and they will work alongside the NEX Regulatory Reporting solution to advise clients on the specific data requirements for securities finance transactions. Starting with the initial regulatory health check, Delta offers ongoing advisory, through to reporting performance audits to ensure process efficiency.

NEX Regulatory Reporting recently announced its intention to become an SFTR trade repository and launch a dedicated reporting solution, pending the issuance of the final technical standards from ESMA. It will leverage the existing regulatory reporting technology for EMIR, MiFID II and other international regimes to meet the complex requirements of SFTR. By combining Delta Capita and NEX Regulatory Reporting's compliance, technology and industry knowledge, the SFTR solution is uniquely positioned to meet the needs of the securities lending and repo markets.

Collin Coleman, Head of NEX Regulatory Reporting, said: 'SFTR will require clients to report an unprecedented level of data given that many securities and finance transactions have significant durations, complex lifecycle events and diverse collateral options. Delta Capita is the ideal partner for NEX as their deep understanding of securities finance and collateral management processes and technology will support the development of our cloud-based reporting solution and aid client onboarding.'

Jonathan Adams, Head of Securities Finance and Collateral Management Practice at Delta Capita, said: 'A natural extension of the regulatory support we currently provide to our clients, we're pleased to partner with NEX Regulatory Reporting to help clients comply with the impending regulation but also to explore how SFTR data can be utilised for business advantage.'

CONTACTS
Bryony Scragg, NEX
+44 (0) 20 7818 9689
bryony.scragg@nex.com
Casey Sheets, NEX (US)
+1 917 246 2088
casey.sheets@nex.com
Michelle Gathercole, Argentus PR
+44 (0) 20 7397 2949
michelle.gathercole@argentuspr.com

NEX REGULATORY REPORTING operates within NEX Optimisation, which helps clients simplify complexity and optimise resources. NEX Regulatory Reporting includes Abide Financial and Abide Financial DRSP, an FCA regulated entity. The platform introduces cost efficiencies, mitigates operational risk and provides regulatory reporting effectiveness. Through its multi-regime reporting hub, regulatory obligations are translated into future proof compliant solutions while its specialist advisory teams interpret the impact of evolving markets regulation relating to trade and transaction reporting. In addition to European regulatory environments (EMIR, MiFID/II, SFTR, REMIT), NEX Regulatory Reporting provides specialised reporting services for entities subject to international regulatory regimes such as Dodd-Frank, ASIC (Australia) and MAS (Singapore).

For more information, go to www.nexregulatoryreporting.com

NEX offers clients better ways to execute trades and manage risk. Our products and services underpin the entire trade lifecycle pre-, during and post-execution. Our electronic trading platforms are industry standards. Clients use our lifecycle management and information services to optimise portfolios, control risk and reduce costs. We partner with emerging technology companies to bring greater efficiency, transparency and scale to the world's capital markets. NEX is headquartered in London with offices around the world. For more information, go to www.nex.com