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Stock impact report

Droit and FINBOURNE Partner to Deliver End-to-End Position Reporting Solution [Yahoo! Finance]

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Yahoo! Finance
Technology, a provider of cloud-based investment data management software, to launch an end-to-end position reporting solution for increased regulatory transparency. Over one hundred global jurisdictions have position reporting obligations, requiring market participants to report equity and equity derivatives holdings to regulatory bodies; a process that is complex, time consuming and costly. Droit and FINBOURNE come together to deliver a joint, full-stack solution to enable sell-side and buy-side institutions to manage disclosure obligations for long, short and takeover panel reporting. This new offering leverages FINBOURNE's financial data management platform LUSID, embedded with Droit's Position Reporting product which delivers clear determination of reporting obligations based on consensus interpretations of requirements from Endoxa , a consortium of six global financial institutions. The unified approach ensures consistency around complex regulatory interpretations, regulat Show less Read more
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