One of the most important challenges faced by financial institutions is meeting the requirements associated with complex, and often ambiguous, global short, long, and takeover reporting regulations.
Managing these obligations can be resource intensive and costly. To solve this effectively, it is vital to implement systematic rules in a way that provides transparency and clarity.
Endoxa is an industry consortium of some of the most sophisticated and complex global financial institutions focused on establishing consensus interpretations to regulatory obligations. These consensus views are then combined with legal interpretation, alongside standardized rulesets, to develop codified decision logic in Droit’s Position Reporting product.
The five layers of consensus deliver rules that are unrivalled in depth and accuracy in the market.
Droit’s Knowledge Engineering team expertly map rules at a granular level, providing a more accurate calculation of in-scope positions.
Licensed legal memoranda, such as aosphere Rulefinder, supplements the underlying regulatory text.
In-depth worked-through memos provide an audit record of formed consensus on regulatory text.
Legal interpretations from A&O Shearman are provided where consensus is not reached across the group.
Clarification obtained direct from regulator on specific worked-through scenarios.
Provides a view of reporting requirements derived from a consensus reached by sophisticated and complex global financial institutions with embedded legal guidance.
Ensures precision when determining the eligibility of disclosure obligations using Droit’s Adept platform.
Evaluates positions and obligations for key regimes for both sell-side and buy-side institutions, based upon the latest, most relevant regulatory requirements.
Leverages your current reference data and taxonomy for a consistent and streamlined workflow.
Reduces external legal costs and internal resource demands by implementing best-practice interpretations vetted by Endoxa and informed by legal interpretations and regulatory engagement.
Built on Droit’s patented Adept platform, automates the decision-making process and delivers a transparent, traceable audit record of every position evaluated against a global set of obligations.
