SFTR Solutions

Related links

MTS Repo
Global Collateral Management
SFTR Brochure
SFTR Q&A with Tom Harry

What is SFTR? 

The “MiFID II for repo”, SFTR is the Securities Financing Transactions Regulation, an EU law that introduces transaction reporting obligations for the repo and buy-sell back markets. In general, both counterparties to a trade need to report. 

Who is in scope for reporting? 

With some limited exemptions: 

  • EEA firms, including their EEA and non-EEA branches. 
  • EEA branches of non-EEA firms. 

What needs to be reported? 

Trades, lifecycle events such as collateral updates and collateral reuse will have to be reported to a Trade Repository, such as UnaVista, by T+1. 

When will I need to report under SFTR? 

SFTR reporting – provisional timeline 

What will I need to report under SFTR? 

 

Up to 110 fields are in scope for repo with 57 matching fields high risk of “reporting breaks” 

How will I report under SFTR? 

Significant challenges for both D2D and D2C repo 

  • Multiple manual processes, inefficient workflows and limited standardisation!

MTS enables Buyside and Sellside to overcome these challenges

Automate D2D and D2C repo with MTS Repo