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FinDatEx aims to allow EU financial services representatives:
FinDatEx is comprised of the European Banking Federation (EBF), the European Fund and Asset Management Association (EFAMA), Insurance Europe, the European Savings and Retail Banking Group (ESBG), the European Association of Cooperative Banks (EACB), and the European Structured Investment Products Association (EUSIPA). It is open to other European Associations who want to participate in the new structure.
The joint structure will build on the successful informal collaboration within the European Working Group (EWG). Through the improved governance structure, relevant templates for data reporting between European financial institutions are to be drafted and adopted following a clear and inclusive process.
The work already initiated on a Solvency II tripartite template (TPT), European PRIIPs templates (EPT and CEPT), a European MiFID template (EMT), and a MiFID feedback template (MFT) will be continued. Other workstreams are also being assessed.