Calypso signs strategic alliance with leading data provider IHS Markit to streamline SFTR reporting

San Francisco, CA, 19 June 2019

- Delivers seamless connectivity for SFTR reporting
- Offers end-to-end view of SFTR reporting
- Cost/time-effective solution given tight SFTR compliance deadlines

Calypso Technology Inc., a leading provider of cross-asset front-to-back technology solutions for financial markets has signed a strategic alliance with pre-eminent business information provider IHS Markit. The aim is to make the Securities Financing Transaction Regulation (SFTR) reporting process as seamless as possible for common clients of both companies.

Calypso is already building upon its cross-asset product suite and post-trade processing, collateral and securities finance platform to help clients meet SFTR reporting requirements.
This strategic alliance with IHS Markit, who partner with Pirum Systems for SFTR delivery, further extends the support available to clients.

The new interface is designed to offer clients seamless connectivity for SFTR reporting, from the booking of the trade right through to the trade repository (TR), giving clients an end-to-end view of the reporting.
It facilitates integration, reduces significantly the time to market and amount of work needed to be done by each client and, importantly, it will be supported by Calypso moving forward.

Pierre Khemdoudi, Managing Director & Global Co-Head of Equities, Data and Analytics at IHS Markit says:
“We are delighted to collaborate with Calypso to make the SFTR reporting process as seamless, efficient and simplistic as possible for our clients. This agreement moves us closer to that goal, offering an integrated and comprehensive approach to managing SFTR requirements within the required timeframe.”

Adds Mayank Shah, Chief of Staff and Head of Strategic Alliances at Calypso: "Calypso is aware of the pressure on financial institutions from the constantly changing regulatory requirements. We are already helping clients to prepare for SFTR, and this strategic alliance with IHS Markit will enable us to extend SFTR support still further. Common clients will benefit from a single interface to the TR(s) of their choice, with data validation, enrichment and pre-reconciliation to ISO 20022 format performed en-route in collaboration with IHS Markit. This partnership is a continuation of our commitment to provide our clients with a cost-effective, timely and complete end-to-end solution.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development