Deutsche Börse to launch a regtech hub

Deutsche Börse to launch a regtech hub

Deutsche Börse Group has signed for the SmartStream Reference Data Utility (RDU), to use its managed service and tools for Deutsche Börse’s upcoming Regulatory Reporting Hub.

The hub brings onto one platform Deutsche Börse’s solutions for regulatory compliance and caters for enables sell-side and buy-side clients as well as corporates and trading venues.

The SmartStream RDU reference data includes the data from the European Securities and Markets Authority (ESMA), Global Legal Identifier Foundation (Gleif) and data on opening and closing times of markets that are used in the transparency services offered by the new hub.

In addition, Deutsche Börse and SmartStream RDU have teamed up to launch a new service, Systematic Internaliser Register. The service, jointly developed by the two parties, “plugs a significant gap in the Markets in Financial Instruments Directive II (MiFID II) regulatory protocols”.

The register “will play a central part for identifying systematic internalisers within the Regulatory Reporting Hub”, the two parties add.