LCH selects UnaVista for SFTR-compliant TR
20 May 2019 London
Image: Shutterstock
LCH Group has selected UnaVista for its 厙惇勛圖 Financing Technology Regulation (SFTR)-compliant trade repository.
UnaVista customers clearing through LCHs RepoClear will be offered assisted reporting for SFTR.
Meanwhile, LCH Groups collateral and liquidity management function will be using UnaVista for its SFTR reporting.
RepoClear members will have the option to allow UnaVista to flip aspects of LCHs transaction and margin reporting to create a report from the members perspective.
According to LCH, this function will offer significant operational efficiencies and supports accurate transaction matching.
Bruce Kellaway, global head of RepoClear and Collateral, head of EquityClear, cited: UnaVista is one of Europes largest regulatory reporting platforms for Markets in Financial Instruments and The European Market Infrastructure Regulation compliance and its significant experience in this field make it a natural fit for RepoClear.
As a result of this project with UnaVista, RepoClears members are now presented with the additional option of assisted reporting to handle and simplify their SFTR requirements for those trades they clear through LCH.
Mark Husler, CEO UnaVista, added: We are delighted that LCHs RepoClear has chosen UnaVista for its SFTR reporting.
LCHs collaboration with UnaVista will significantly simplify reporting obligations under SFTR for RepoClear members.
UnaVista customers clearing through LCHs RepoClear will be offered assisted reporting for SFTR.
Meanwhile, LCH Groups collateral and liquidity management function will be using UnaVista for its SFTR reporting.
RepoClear members will have the option to allow UnaVista to flip aspects of LCHs transaction and margin reporting to create a report from the members perspective.
According to LCH, this function will offer significant operational efficiencies and supports accurate transaction matching.
Bruce Kellaway, global head of RepoClear and Collateral, head of EquityClear, cited: UnaVista is one of Europes largest regulatory reporting platforms for Markets in Financial Instruments and The European Market Infrastructure Regulation compliance and its significant experience in this field make it a natural fit for RepoClear.
As a result of this project with UnaVista, RepoClears members are now presented with the additional option of assisted reporting to handle and simplify their SFTR requirements for those trades they clear through LCH.
Mark Husler, CEO UnaVista, added: We are delighted that LCHs RepoClear has chosen UnaVista for its SFTR reporting.
LCHs collaboration with UnaVista will significantly simplify reporting obligations under SFTR for RepoClear members.
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