European trade repository REGIS-TR announced today it has teamed up with regulatory reporting and intelligence solutions provider Cappitech in connection with its partnership programme.
Reflecting the already close collaboration, the official partnership will see a continuation of the common work across EMIR, FinfraG, SFTR and UK EMIR regulation, underpinned by REGIS-TR’s and Cappitech’s services complimenting one another to deliver a streamlined, end-to-end service to all clients, according to the announcement.
Cappitech’s compliance platform automates the reporting process, providing a full view on a single dashboard for reporting regimes across Europe.
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”We are delighted to formally welcome Cappitech, a leading provider of regulatory reporting solutions, into our partnership programme,” said Nick Bruce, head of business development at REGIS-TR said in a statement.
Connecting with multiple trade repositories
“Cappitech is a significant addition to the existing list of market intermediaries that we closely collaborate with to deliver flexible, client centric solutions, which is increasingly important at a time when market participants face the significant challenges of new and changing regulations, as well as provider consolidation. This partnership comes shortly after the third leading EU trade repository withdrew their licence, and both REGIS-TR and Cappitech look forward to ensuring a smooth transition process for impacted clients who will be required to switch TR,” Bruce added.
“We are pleased to partner with REGIS-TR who have substantial EU coverage for EMIR, SFTR, and FinfraG; bringing value to our clients with those reporting obligations. Our connectivity with multiple trade repositories offers our clients the ability to decide which end point they want to report to and provides the flexibility needed especially given recent changes in this space,” Ronen Kertis, CEO of Cappitech, noted.