The growth of private investor participation in securities lending has led to an increase in regulatory scrutiny. One of the global trends among regulators is a push for greater transparency through dedicated reporting requirements. Enter Rule 10c-1a.

Recently announced by the US SEC, the new rule is a bold step toward this goal, promising to bring greater transparency and efficiency to this important part of capital markets. However, market participants are concerned about the potential implementation challenges and cost implications involved.

In this article, Head of Product Ben Smith explains how Sharegain supports its clients to tackle the business and operational challenges of regulatory changes and how SLaaS can support you.

At Sharegain, our data management is seamless. Data aggregation for reporting is straightforward, as it’s already consolidated within our structured system. Whether it’s frequent reporting, swift distribution, or meeting new requirements, our system can handle it with relative ease. This structured approach ensures convenient access, benefiting both our clients and the regulators they report to.

We were deeply involved in SFTR’s development journey. Taking part in working groups and engaging with our clients, giving them the confidence that the new reporting needs would be supported.

“SFTR is a testament to our readiness to tackle new regulations. This is why we can confidently offer to support further reporting needs of our clients as the regulatory industry evolves, including Rule 10c1.”

Regulatory reporting is an integral part of our ‘business-as-a-service’. When you choose Sharegain, full end-to-end reporting comes with the package – with no extra costs or unexpected upgrade fees. We manage all regulatory reporting obligations on behalf of our clients.

Our agility in adopting and implementing reporting obligations is a key differentiator. Our data management is structured for ease. Unlike entities with disconnected solutions or legacy infrastructures that make it difficult to pull together data, we can swiftly respond in real-time, offering a tech-first and agile solution.

All development is client centric. Ensuring our solutions address real pain points and contribute to a great experience. Direct client collaboration guides our approach.

Sharegain’s foundation is built on industry expertise. We intentionally structure our solution based on best practices, aligning with industry standards like CDM. We remain agile in responding to regulatory changes and reporting needs and have the tech, know-how and structures in place to react and adapt to the evolving landscape.