Since the financial crisis, financial service providers are under a lot more pressure when it comes to change. A flood of regulatory requirements, a challenging competitive environment and falling returns from traditional income sources, such as interest income, are threatening the future of such institutions. Market participants are reacting with different strategies to these challenges: hard cost-saving programs, reorganisations & branch closures, on the one hand, and IT standardisation & modernisation measures as well as campaigns to win new customers, on the other.
EXXETA supports you with Management Consulting in defining the strategy in business and IT as well as in developing road maps and governance structures for Transformation Management and in Program Management. We offer a high level of expertise in the areas of Financial Markets, Asset Management and Banking.
SFTR – Securities Financing Transactions Regulation
The Securities Financing Transactions Regulation (SFTR) (EU 2015/23654) aims to improve transparency in the area of securities financing transactions and the re-use of collateral. In order to monitor more effectively the financial stability risks, among other risks, caused by the shadow banks, it will be necessary in the future to report information on the closing, amendment or termination of SFT to the trade repositories. Read more in our new Whitepaper.Read more