Droit and FINBOURNE Partner to Deliver Unparalleled Position Reporting Solution

Droit partners with FINBOURNE to launch an end-to-end position reporting solution, increasing regulatory transparency and providing a complete solution for position reporting.

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 platforms are crucial in today’s regulatory landscape.

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

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

Regulatory transparency is crucial in today’s financial landscape.

“By partnering with FINBOURNE, we are able to leverage consensus interpretation and industry best practice for position reporting for all market participants. The asset management industry can directly benefit from the experience of their sell-side counterparties.” - Brock Arnason, founder and CEO of Droit

This partnership is a significant step forward in increasing regulatory transparency and providing a complete solution for position reporting. As the financial industry continues to evolve, partnerships like this will be crucial in shaping the future of financial data management.

Financial data management is crucial in today’s regulatory landscape.