TRAction, a provider of trade reporting services, and oneZero, a leader in multi-asset business trading technology solutions, have announced a new enhancement to their existing integration.
TRAction, which specializes in regulatory reporting to simplify compliance for brokers, offers its clients a range of pre-built integrations with trading platforms to minimize the manual processes involved in their day-to-day reporting obligations, including new requirements such as EMIR Refit, as well as the upcoming ASIC and MAS rewrites.
The recent integration seamlessly extracts transaction data directly from oneZero’s cloud-based business intelligence toolbox, Datasource, enabling automated, efficient compliance.
By leveraging oneZero’s powerful suite of trading and pricing data, TRAction can now streamline the regulatory reporting process, ensure accurate data submission and reduce the operational burden for clients associated with meeting existing and new reporting requirements.
Quinn Perrott, co-CEO of TRAction, commented:
“TRAction Fintech is pleased to expand its partnership with oneZero and continue our commitment to simplify trade reporting. Leveraging the power of oneZero’s technology, we continue to provide our customers with a solution that streamlines their reporting processes and addresses the evolving complexity of trade reporting in today’s landscape.”
Andrew Ralich, CEO and Co-Founder of oneZero, added:
“As a market-neutral technology provider, our goal is to provide transparency and control to customers throughout the trade lifecycle, and this includes providing data accessibility across the range of suppliers with which our customers choose to do business. cooperate. For years oneZero has been an industry leader by building our liquidity neutral Ecosystem on behalf of our clients.
This enhanced integration with TRAction demonstrates how our accessible data framework provides the flexibility for our clients and partners to seamlessly access the trade data needed to drive value not only at the point of trade, but also post-trade. The integration makes the process of providing consistent, robust reporting effortless for clients and gives them the certainty they require in the changing regulatory landscape of 2024 and beyond.”
About TRAction
TRAction is a global regulatory reporting solutions provider, with over 700 companies in Europe, UK, Australia, Singapore and Canada already relying on its services.
TRAction is a full-service regulatory trading reporting company, with the following core services: 1. Data extraction and conversion to trade log format. 2. Incorporating and submitting trades to an approved trade registry or Authorized Reporting Mechanism (ARM) and 3. Understanding trade reporting rules and how they apply practically for companies.
About oneZero
oneZero Financial Systems has been a leading innovator in multi-asset class business trading technology since 2009. Its powerful software includes the Hub, EcoSystem and Data Source – three components that together provide a complete solution for trading execution, distribution and the analysis. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in global financial markets through a globally compatible, liquidity neutral solution. oneZero is certified to ISO 27001 information security management systems standards and has development and operations centers in Asia, Australia, Europe and North America.