SFTR: An FAQ on the Guidelines
The significant challenges in implementing SFTR will be the transaction reporting and recordkeeping requirements of daily reporting obligations under Article 4 SFTR. The reporting data fields for collateral information are highly fragmented, or sometimes the data may even go missing.
Additionally, many market participants in the securities financing area won't have all the information required under SFTR. So data quality report with on-time submission (T+1) has become the biggest challenge to the financial institutions. To tackle these SFTR implementation challenges, read our latest eBook on https://www.sensiple.com/insights/ebooks/sftr-implementation-where-are-we-now