London Reporting House’s platform anonymises, aggregates, enriches and analyses raw SFTR trade data from multiple sources to provide unprecedented views over, and depth into, the EU and UK repo markets. There are six key elements to London Reporting House’s offering which provide clients and market participants with analytics and metrics on GC repo curves and spreads, specials, collateral haircuts and prices, flows of new transactions and open interest.

The new London Reporting House products and analytics tools will be available via the Kaizen Hub, a web based RegTech platform for accessing a range of compliance tools.

Dario Crispini, CEO of Kaizen Reporting, commented: “Our partnership with London Reporting House shows our commitment to expanding the services we can offer our clients. It also highlights our belief in the expertise and creativity that Danny and Richard [Danny Corrigan: CEO and Co-founder and Richard Comotto: Head of product and Co-founder at London Reporting House] bring to London Reporting House and the products they are building. The products they are creating provide invaluable information for trading and risk teams at a time when financial institutions are looking for enhanced transparency and data across all markets.”

Danny Corrigan, CEO and Co-founder, London Reporting House, commented: “We are delighted to be a part of Kaizen and by joining forces we are able to enhance our offering and build out our platform which leverages Kaizen’s IT infrastructure and legal framework for onboarding. Bringing their expertise and technology together with ours, we are able to offer the repo market a unique service that creates a transparent and deep view of the UK and EU repo markets.”

The terms of the acquisition were not disclosed.