Droit Teams Up with LSEG to Revolutionize Global Shareholder Disclosure Compliance Automation
In a significant development for regulatory compliance, Droit has announced the integration of LSEG’s Global Shareholding Disclosure Data into its Position Reporting platform. This innovative move aims to assist financial institutions in automating and streamlining their regulatory reporting obligations.
How Droit’s Integration Enhances Regulatory Compliance
By merging LSEG’s extensive reference data with Droit’s rules-driven platform, financial firms can now manage global shareholder disclosures through a unified, automated workflow. This integration provides licensed users with direct access to:
- Fifteen types of shareholding data
- Voting rights information
- Enhanced position tracking capabilities
This comprehensive access allows firms to accurately assess their shareholder positions against global disclosure thresholds, thereby improving regulatory decision-making and ensuring a reliable audit trail.
Insights from Droit’s Leadership
Somerset Pheasant, Chief Strategy Officer at Droit, emphasized the challenges faced by firms in navigating shareholder disclosure regulations. He noted, “Firms consistently highlight two issues they face in complying with shareholder disclosure regulation: rule interpretation and reference data.”
“At Droit, accurately digitizing regulation is at the core of what we do. Integrating LSEG as one of our reference data sources into our Position Reporting product signifies a crucial step in addressing our clients’ challenges,” Pheasant added. This integration allows clients to utilize the most precise and comprehensive solution for shareholding disclosures.
Features of Droit’s Position Reporting Platform
Droit’s platform is designed with advanced functionalities, including:
- Rules developed through consensus interpretations
- Aggregation logic and eligibility checks
- Compliant report generation
- Full transparency to legal source material
Collaboration with LSEG
Fausto Marseglia, Head of Product Management at LSEG, commented on the complexities of shareholder disclosure rules across jurisdictions. He expressed excitement over the partnership with Droit, stating, “By integrating LSEG Global Shareholding Disclosure Data directly into their platform, clients gain access to a powerful, end-to-end solution that reduces the compliance burden through automation and trusted data.”
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