Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. HomeRegulation news
  2. deltaconX signs up Investitionsbank des Landes Brandenburg for SFTR
Regulation news

deltaconX signs up Investitionsbank des Landes Brandenburg for SFTR


06 October 2020 Lucerne
Reporter: Natalie Turner

Generic business image for news article
Image: Zarya Maxim / Adobestock.com
deltaconX has signed German investment bank Investitionsbank des Landes Brandenburg (ILB) as the latest user of its Íø±¬³Ô¹Ï Financing Transactions Regulation (SFTR) reporting solution, ahead of phase four in January.

ILB is the second institution to be mainly responsible for the finance of a federal state of Germany.

The bank has chosen deltaconX regulatory platform to fulfil its reporting obligation under SFTR and the European Market Infrastructure Regulation (EMIR).

deltaconX offers a cloud-based multi-regulatory platform that aims to reduce the need for manual processes and high costs to achieve regulatory compliance.

Thomas Buk, CEO of deltaconX, comments: “We are very happy that ILB has decided to use our platform to fulfil their reporting obligation under SFTR.

“The fact that more-and-more private, as well as state-owned and supranational institutions, are choosing our solution to comply with European reporting requirements confirms that we have taken the right approach to offer our state-of-the-art reporting platform in a highly-secure private cloud, which allows us to support our clients needs in a cost and effort efficient way.â€

For deltaconX, the deal marks the latest addition to its reporting hub’s client base.

Earlier this year, it welcomed Kommunalkredit Austria AG, a specialised bank for infrastructure financing, and DZ PRIVATBANK as its first Luxembourg-based client.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ deltaconX

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →