The UK’s departure from the European Union marked a pivotal shift in the regulatory landscape for financial institutions, particularly in the securitisation market. As the UK established its own regulatory frameworks, the need for robust, agile, and compliant reporting platforms became paramount. Publicis Sapient, a leader in digital business transformation, played a central role in enabling European DataWarehouse (EDW) to adapt its pan-European platform to meet the Financial Conduct Authority’s (FCA) requirements—positioning EDW as one of the first FCA-registered securitisation repositories in the UK.
EDW, established as the Eurosystem’s first central data repository for asset-backed securities (ABS), had already built a reputation for transparency and regulatory compliance across Europe. However, Brexit introduced a new layer of complexity. The UK’s FCA introduced its own securitisation regulations, diverging from the European Securities and Markets Authority (ESMA) standards. This regulatory divergence required EDW to:
Publicis Sapient’s longstanding partnership with EDW was instrumental in this transformation. Leveraging deep expertise in cloud engineering, regulatory technology, and agile delivery, Publicis Sapient designed and implemented a scalable, multi-instance platform architecture. Key innovations included:
At the heart of the solution is a Microsoft Azure-based big data platform. This cloud-first approach enabled:
The platform’s architecture was purpose-built for flexibility. By enabling multi-instance capabilities, EDW could efficiently manage separate regulatory regimes for the EU and UK, while reusing up to 80% of the core solution architecture. This not only accelerated time-to-market for the UK repository but also ensured operational consistency and cost efficiency.
Publicis Sapient’s agile methodologies allowed for rapid iteration and continuous delivery. This approach was critical in responding to frequent regulatory updates and technical changes, ensuring that EDW’s platform remained compliant and user-friendly for UK clients.
Advanced front-end technologies and automated data validation pipelines provided a seamless experience for issuers, investors, and regulators. The platform’s robust validation and quality assessment tools ensured that all submissions met the FCA’s stringent standards, supporting transparency and due diligence in the UK securitisation market.
On January 17, 2022, EDW was officially registered by the FCA as one of the first UK Securitisation Repositories. This milestone enabled EDW to:
The transformation delivered by Publicis Sapient and EDW has set a new benchmark for regulatory reporting in the UK:
Publicis Sapient’s role in the digital transformation of EDW’s regulatory reporting platform demonstrates its unique ability to deliver complex, cloud-based solutions tailored to the evolving needs of the UK financial sector. By combining deep regulatory expertise, advanced engineering, and agile delivery, Publicis Sapient empowers financial institutions to turn compliance challenges into opportunities for innovation and growth.
As the UK continues to define its regulatory identity post-Brexit, Publicis Sapient stands ready to help financial institutions navigate change, ensuring they remain compliant, competitive, and future-ready in a dynamic market.
Ready to transform your regulatory reporting capabilities for the UK market? Connect with Publicis Sapient’s experts to discover how agile, cloud-native solutions can future-proof your business and drive sustained compliance and growth.