As financial markets in the EU prepare for upcoming
regulatory changes, the Depository Trust & Clearing Corporation (DTCC)
plans to expand its Global Trade Repository (GTR) service with new MiFID/R
reporting capabilities.
Aiming to launch in early 2026, subject to regulatory
approval, the integration seeks to enable financial firms to streamline their
transaction reporting obligations while enhancing compliance processes.
DTCC’s move to introduce a Markets in Financial
Instruments Directive/Regulation (MiFID/R) Approved Reporting Mechanism (ARM)
service comes in response to evolving regulatory demands in the UK and EU.
“In support of the industry’s evolving trade and
transaction reporting needs, we look forward to working closely with key
stakeholders to launch the new GTR MiFID/R capabilities in early 2026 following
regulatory approvals,” said Michele Hillery, DTCC Managing Director and
Head of Repository and Derivatives Services.
“DTCC is uniquely positioned to leverage its
expertise in regulatory trade and transaction reporting to not only help
clients comply with forthcoming mandates but also to enable them to modernize
and optimize their operational processes.”
A New Reporting Solution for Market Participants
The new capabilities will allow firms to meet
transaction reporting obligations efficiently while benefiting from additional
tools such as data quality analytics, enhanced monitoring controls, and issue
resolution mechanisms.
The service will also feature a back-reporting channel
with queuing and sequential processing for regulatory authorities.
Additionally, firms will have access to a comprehensive suite of end-of-day
reports designed to support timely reconciliation and compliance.
With this latest expansion, DTCC’s GTR consolidates
trade and transaction reporting across derivatives and securities markets. This
integration aims to enable financial firms to optimize costs, improve
governance, and enhance operational risk management.
Navigating MiFID/R Implementation Challenges
As financial institutions prepare for the introduction
of MiFID III and MiFIR II, the complexities of compliance now mandates robust
reporting solutions. DTCC aims to address these challenges with its expanded
GTR offering.
DTCC has a long history of supporting market
participants through regulatory transitions. By expanding its GTR service with
MiFID/R reporting, the company aims to simplify compliance while reinforcing
its role as a key infrastructure provider in global financial markets.
As regulatory frameworks continue to evolve, firms
will look to solutions like DTCC’s to navigate the complexities of trade and
transaction reporting effectively.
As financial markets in the EU prepare for upcoming
regulatory changes, the Depository Trust & Clearing Corporation (DTCC)
plans to expand its Global Trade Repository (GTR) service with new MiFID/R
reporting capabilities.
Aiming to launch in early 2026, subject to regulatory
approval, the integration seeks to enable financial firms to streamline their
transaction reporting obligations while enhancing compliance processes.
DTCC’s move to introduce a Markets in Financial
Instruments Directive/Regulation (MiFID/R) Approved Reporting Mechanism (ARM)
service comes in response to evolving regulatory demands in the UK and EU.
“In support of the industry’s evolving trade and
transaction reporting needs, we look forward to working closely with key
stakeholders to launch the new GTR MiFID/R capabilities in early 2026 following
regulatory approvals,” said Michele Hillery, DTCC Managing Director and
Head of Repository and Derivatives Services.
“DTCC is uniquely positioned to leverage its
expertise in regulatory trade and transaction reporting to not only help
clients comply with forthcoming mandates but also to enable them to modernize
and optimize their operational processes.”
A New Reporting Solution for Market Participants
The new capabilities will allow firms to meet
transaction reporting obligations efficiently while benefiting from additional
tools such as data quality analytics, enhanced monitoring controls, and issue
resolution mechanisms.
The service will also feature a back-reporting channel
with queuing and sequential processing for regulatory authorities.
Additionally, firms will have access to a comprehensive suite of end-of-day
reports designed to support timely reconciliation and compliance.
With this latest expansion, DTCC’s GTR consolidates
trade and transaction reporting across derivatives and securities markets. This
integration aims to enable financial firms to optimize costs, improve
governance, and enhance operational risk management.
Navigating MiFID/R Implementation Challenges
As financial institutions prepare for the introduction
of MiFID III and MiFIR II, the complexities of compliance now mandates robust
reporting solutions. DTCC aims to address these challenges with its expanded
GTR offering.
DTCC has a long history of supporting market
participants through regulatory transitions. By expanding its GTR service with
MiFID/R reporting, the company aims to simplify compliance while reinforcing
its role as a key infrastructure provider in global financial markets.
As regulatory frameworks continue to evolve, firms
will look to solutions like DTCC’s to navigate the complexities of trade and
transaction reporting effectively.
This post is originally published on FINANCEMAGNATES.
