Droit Partners with FINBOURNE to Deliver End-to-End Position Reporting Solution

In a move to increase regulatory transparency, Droit has partnered with FINBOURNE to launch an end-to-end position reporting solution. This new offering will leverage FINBOURNE’s financial data management platform, LUSID (Liberated Unified Secure Investment Data-Machine), embedded with Droit’s Position Reporting product.

Financial data management platform

The Position Reporting product delivers clear determination of reporting obligations based on consensus interpretations of requirements from Endoxa. With FINBOURNE’s data transformation capabilities, the new end-to-end solution maps the multiple data inputs needed to evaluate reporting obligations and simplifies workflow interactions via an intuitive interface. This mitigates operational, cost, and complexity challenges.

“Integrating Droit into LUSID means that together we are able to deliver a complete solution for position reporting.” - Thomas McHugh, CEO and co-founder, FINBOURNE Technology

The partnership enhances FINBOURNE’s ability to safeguard asset managers by making sense of shareholder disclosure data when it comes to complex trading books and provides a level of granular reporting detail that is unmatched in the industry.

Benefits of the Partnership

The partnership between Droit and FINBOURNE brings together the strengths of both companies to provide a comprehensive solution for position reporting. By leveraging consensus interpretation and industry best practice for position reporting, the asset management industry can directly benefit from the experience of their sell-side counterparties.

“By partnering with FINBOURNE, we are able to leverage consensus interpretation and industry best practice for position reporting for all market participants.” - Brock Arnason, founder and CEO of Droit

The new end-to-end solution is set to increase regulatory transparency and provide a level of granular reporting detail that is unmatched in the industry.

Regulatory transparency

The partnership between Droit and FINBOURNE is a significant step forward in providing a complete solution for position reporting. As the asset management industry continues to evolve, it is essential to have a solution that can keep pace with the increasing complexity of regulatory requirements.