Ronen Kertis, CEO and Founder of Cappitech

Israel-based Cappitech, a regulatory reporting provider and London-based IHS Markit, a provider of critical information, analytics and solutions, announced an alliance to deliver the IHS Markit Securities Financing Transactions Regulation (SFTR) solution.

The IHS Markit SFTR solution will integrate Cappitech’s platform Capptivate to offer a solution that will meet the industry’s SFTR trade reporting needs by automating and streamlining transaction reporting to trade repositories for all securities finance instruments.

Pierre Khemdoudi, Managing Director & Global Co-Head of Equities, Data and Analytics at IHS Markit, said, “We look forward to leveraging Cappitech’s technology to deliver a regulatory reporting solution that can help manage the comprehensive requirements of SFTR. We believe our combined expertise will further automate complex data management processes through a highly scalable, cost-effective and unified platform.”

Ronen Kertis, CEO and Founder of Cappitech commented, “We’re delighted to be partnering with IHS Markit to power their industry-leading SFTR solution. SFTR reporting is a natural extension of our platform, which already covers the majority of transaction reporting requirements globally. Our mission at Cappitech is to ease the regulatory reporting burden by offering clients next-generation technology that allows them to both comply and gain a competitive advantage.”

In alliance with Cappitech, the IHS Markit SFTR solution will provide the industry with a one-stop-shop for all aspects of SFTR trade reporting from data aggregation, validation, enrichment and normalisation to reconciliation and UTI sharing prior to trade repository reporting.

Avatar
by Megha Bhattacharya
Market Analyst at IBS Intelligence
imp-loader
preloader