Trax, a MarketAxess subsidiary, and EquiLend have begun user acceptance testing (UAT) with phase one go-live clients for their joint Securities Financing Transactions Regulation (SFTR) solution
There is a growing concern that market participants are not going to be ready to report their SFTs when regulatory obligations start next year, Stephen Grady, head of market structure at IHS Markit, has stated
Delta Capita, Pirum Systems and IHS Markit are collaborating with an industry testing consortium to help firms meet Securities Financing Transactions Regulation requirements