DTCC Report Hub® has been named Best Solution for Securities Financing Transactions Regulation (SFTR) by RegTech Insight, as part of their 2021 Europe Awards.
The RegTech Insight awards are powered by a network of 30,000 senior technology officers and data specialists. The members of this network vote to recognize solution providers, from across the global financial services industry, who have successfully helped firms respond to evolving and ever more complex regulatory requirements.
DTCC Report Hub is a comprehensive pre- and post-trade reporting solution, initially launched for SFTR in early 2020 in response to increasing industry demand, as regulatory mandates expand and become more complex. DTCC moved to grow the capabilities of Report Hub in December 2020 with its acquisition of Publicis Sapient’s Compliance Management Reporting System (CMRS). With the acquisition of CMRS, a well-established platform, Report Hub now provides a global derivatives solution with expansive asset class coverage across reporting regimes.
“We’re thrilled to have received this award and grateful to all of our clients for showing their support in voting for Report Hub,” said Mark Steadman, DTCC Executive Director, Repository and Derivatives Services who accepted the award on Report Hub’s behalf. “We are excited to keep the momentum going with Report Hub’s expanded capabilities and continue helping firms’ manage their global derivatives trade reporting.”