Bloomberg’s front-office voice trading tools encompass the entire process of price discovery, quoting, negotiation and trade execution in several flexible workflows.
Through MSG and IB, trading desks are already leveraging the foundational trading tools for SFTR, and enabling this new workflow will automate more manual processes while also capturing critical trade data as early as possible for SFTR reporting purposes.
Our solutions also capture all static reference data fields stipulated in the Loan and Collateral data requirements for debt instruments and equities, across repo, buy-sell back and securities lending transactions.
As well as capturing a fully enriched record of the data fields required, Bloomberg’s VCON for SFTR workflow illustrated below provides one-way pre-matching process to ensure a match at the point of execution/confirmation.
How does it help you meet requirements?
SFTR requires firms to capture a wide variety of data for reporting to their trade repository, including:
