Multi-regulatory reporting platform deltaconX has partnered with Murex SAS to offer common clients with an end-to-end solution to the requirements of several regulations including the Securities Financing Transactions Regulation (SFTR).
As part of the deal, Murex will develop the integration of its MX.3 platform to deltaconX, which will, in turn, take care of the integration and the maintenance of the connectivity with various reporting channels.
deltaconX offers connectivity to a wide range of reporting channels, like trade repositories, approved reporting mechanisms, approved publication arrangements or registered reporting mechanisms.
Other regulations to be covered via the joint solution include the European Markets Infrastructure Regulation, the Markets in Financial Instruments Regulation and the Regulation on Wholesale Energy Market Integrity and Transparency.
Thomas Buk, managing director at deltaconX, said: “The partnership with Murex is the next milestone in deltaconX strategy to support a wide range of market participants in fulfilling their reporting requirements in a unified and streamlined way.”
In a statement on the partnership, deltaconX said it was born from a demand for solutions from market participants that are highly impacted by the constantly changing regulatory landscape as well as new upcoming regulations and their reporting requirements.
Nicolas Pessard, head of regulatory reporting at Murex adds: “The Murex MX.3 platform has a proven track record today in supporting capital markets participants, from global financial institutions to national banks, asset managers, hedge funds and energy utilities. More than 50,000 users around the globe rely every day on our platform for their trading, hedging, funding, risk management or processing operations across asset classes. With deltaconX we have found a partner that is acting as a regulatory hub for our European clients covering various transactions based regulations in Europe.
For more information on how deltaconX can advise you on your SFTR decision to adopt delegated or self-reporting, and on the implications of this decision for your business, please contact us at firstname.lastname@example.org.