As firms grapple with finalising the implementation of SFTR, we have been working with clients to enhance Pirum’s Post Trade Services to help minimise the regulations impacts.

Our first enhancement will be to our Overnight and Real-time Contract Compare services with the introduction of ‘Shape’ exceptions. Firms will continue to be able to view position level reconciliation to help with risk and PnL management, and we have now introduced the ability to identify shape breaks within those services, so operations can quickly identify and remediate these with counterparts.

This will allow firms to minimise the impacts of SFTR and CSDR by quickly remediating issues as part of their current operational workflows. Additionally, with the use of our Automated Returns service, firms can also minimise the occurrence of breaks in the first place.

Watch out for further announcements in due course.

To find out more, please contact us at connect@pirum.com

Other articles:

Lifecycle management – Exposure

Lifecycle management – Marks

Lifecycle management – Returns

Whitepaper – Securities Finance and CSDR: Don’t fail to deal with fails