Operated by DTCC Solutions LLC, DTCC’s Report Hub offers capabilities to simplify and streamline the complex data and operational requirements of securities financing transactions (SFT) reporting as mandated by the Securities Financing Transactions Regulation (SFTR) in the EU and UK. These services give users a one-stop shop for their SFT reporting to DTCC’s Global Trade Repository (GTR) and will soon be available for derivatives trade reporting globally.
The DTCC Report Hub, powered by Xceptor, a leader in data-centric intelligent automation services, offers a suite of services that automate the complex data and operational requirements of securities financing transactions reporting, eliminating the need for users to build in-house data transformation, third-party access, exception management and related capabilities. Clients can create a customized package of DTCC Report Hub services, utilizing those that meet their individual firm needs.
One of the DTCC Report Hub’s key features is its pre-reporting eligibility service powered by the Droit platform. Droit helps reduce firms’ operational burden and mitigate regulatory risk by allowing them to apply reporting eligibility logic before submitting transactions. DTCC Report Hub services will also be available soon for derivatives trade reporting globally.
Pre-Reporting services are designed to help clients minimize the complexities of preparing their securities financing trade data, typically spread across a myriad of disparate sources and presented in varying formats, for submission to a GTR trade repository. Services include:
Reporting Eligibility powered by Droit*:
- Data Normalization
- Data Enrichment
- Customizable Rules Engine
- Assisted Reporting
- Trade Submission
*For future implementation
Post-Reporting services simplify the activities that follow submission of transaction data to a GTR trade repository, including third-party data access, reconciliation to firm records, trade resubmission and exception management.
- Data Resubmission
- Reconcile Trade Repository to Firm Records
- Data Access
HOW IT WORKS
For Pre-Reporting Services, users can upload data manually from a drag and drop, or automatically through SFTP or MQ. Using Xceptor’s advanced automation technology, the services normalize all data formats. Reporting can be enriched with both internal and external reference data. Data submissions can be authorized directly to a GTR trade repository. For Post-Reporting Services, Xceptor functionality ensures exceptions are directed to the right recipients leveraging native workflows. This functionality enables real-time gap analysis and testing and provides effective controls on data reported to regulators.
All DTCC Report Hub services are optional and “a la carte,” enabling clients to assemble the mix of offerings that meet their individual needs.
For More Information
To request additional information, please click here.