Sapient Global Markets Facilitates Compliance Reporting with DTCC's Swap Data Repository

  Sapient Global Markets Facilitates Compliance Reporting with DTCC's Swap
  Data Repository

   Sapient’s Compliance Management and Reporting System Drives Efficiencies
             across all Asset Classes for Required SDR Reporting

Business Wire

BOSTON -- April 10, 2013

Sapient Global Markets has today announced its Compliance Management and
Reporting System (CMRS) will be offered for customers connecting to The
Depository Trust & Clearing Corporation (DTCC) Swap Data Repository (SDR)
reporting. CMRS provides firms with a complete solution for more efficiently
and effectively meeting regulatory reporting commitments.

Regulations, such as the Dodd-Frank Act, European Market Infrastructure
Regulation (EMIR) and the Regulation on Energy Market Integrity and
Transparency (REMIT), are increasing reporting requirements for firms in the
capital and commodity markets. Sapient’s CMRS allows firms to collate vast
amounts of data from disparate systems, translate it into the destination
message format, deliver it directly to regulators and receive acknowledgement
messages back from DTCC. Additionally, it provides a single view of compliance
regardless of operating model and required reporting venue.

“DTCC is focused on delivering to our clients world-wide effective solutions
that bring greater cost efficiency, transparency and risk mitigation to the
OTC derivatives market. Our global trade reporting platform is designed with
an open architecture which allows a wide universe of market participants to
gain seamless access to our services which help them meet their regulatory
reporting requirements around the world,” said Chris Childs, managing
director, Deriv/SERV. “Working with complementary solution providers such as
Sapient Global Markets and connecting with CMRS is a prime example of how we
look to accomplish just that and jointly help our mutual clients face the
challenges of an evolving regulatory landscape.”

Designed for firms doing business across borders, CMRS connects to all major
trading and risk management systems that process high volumes of swaps and
other OTC products. It is SDR agnostic and is the only system to date that
collects and normalizes data from multiple sources before transforming it into
formats accepted by regulatory reporting destinations. It is this end-to-end
capability that ensures firms concerned with swap data reporting have a single
view of compliance regardless of operating model and required reporting venue.

“As regulatory reporting deadlines approach, firms must achieve a single view
of their compliance status and a streamlined method of translating data from
multiple sources into the format required by regulators,” said Arun Karur,
vice president, Sapient Global Markets. “With connection to the DTCC, we are
offering our customers a key system designed to meet their regulatory
reporting commitments efficiently and on time.”

CMRS establishes a common enterprise platform to manage and publish reporting
requirements to various regulatory agencies. It enables customers to configure
reporting rules, manage varied data sources, apply filtering, exception and
aggregation rules and configure destination reports in the required format. It
also allows clients to trace and track data being reported throughout the
compliance reporting lifecycle providing much needed visibility into
compliance positions at any point in time.

DTCC provides its trade repository services through operating subsidiaries
such as DTCC Data Repository (U.S.) LLC, which is DTCC’s U.S. Swap Data

About DTCC

With operating facilities and data centers around the world, DTCC, through its
subsidiaries, automates, centralizes, and standardizes the post-trade
processing of financial transactions for thousands of institutions worldwide.
With 40 years of experience, DTCC is the premier post-trade market
infrastructure for the global financial services industry, simplifying the
complexities of clearance, settlement, asset servicing, global data management
and information services for equities, corporate and municipal bonds,
government and mortgage-backed securities, derivatives, money market
instruments, syndicated loans, mutual funds, alternative investment products,
and insurance transactions. In 2011, DTCC’s subsidiaries processed securities
transactions valued at approximately US$1.7 quadrillion. Its depository
provides custody and asset servicing for securities issues from 122 countries
and territories valued at US$39.5 trillion. DTCC’s global OTC derivatives
trade repositories record more than US$500 trillion in gross notional value of
transactions made worldwide across multiple asset classes.

About Sapient Global Markets

Sapient Global Markets, a division of Sapient® (NASDAQ: SAPE), is a leading
provider of services to today’s evolving financial and commodity markets. We
provide a full range of capabilities to help our clients grow and enhance
their businesses, create robust and transparent infrastructure, manage
operating costs, and foster innovation throughout their organizations. We
offer services across Advisory, Analytics, Technology, and Process, as well as
unique methodologies in program management, technology development, and
process outsourcing. Sapient Global Markets operates in key financial and
commodity centers worldwide, including Boston, Chicago, Houston, New York,
Calgary, Toronto, London, Amsterdam, Düsseldorf, Geneva, Munich, Zurich, and
Singapore, as well as in large technology development and operations
outsourcing centers in Bangalore, Delhi, and Noida, India. For more
information, visit

Sapient is a registered service mark of Sapient Corporation.


Sapient Media Contact:
Sapient Global Markets
Matt Pennacchio, +1 646-520-2737
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