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Afterprime uses TRAction and PrimeXM's transaction reporting integration

TRAction and PrimeXM have completed the latest integration and are in service。In recent weeks, as Afterprime has adopted TRAction, the deployment of the integration has also begun.。

The latest integration of TRAction and PrimeXM is complete and in production。In recent weeks, Afterprime's deployment of this solution integration reflects the joint efforts of both parties to enhance transaction reporting capabilities and simplify the regulatory process for mutual customers.。

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TRAction's collaboration with PrimeXM

As a recognized transaction reporting solution provider, TRAction partnered with technology provider PrimeXM to provide integrations designed to facilitate enhanced transaction reporting capabilities.。This initiative is being actively promoted to joint clients seeking to optimize regulatory processes。

Traction Co-CEO Quinn Perrott commented:

"TRAction's new integration with PrimeXM demonstrates our ongoing commitment to simplified transaction reporting.。This partnership highlights our commitment to providing businesses with seamless, compliant solutions that reduce their reporting burden in a changing regulatory environment.。We believe this integration will help our customers meet their reporting obligations efficiently and accurately。"

Global Forex and CFD Broker Afterprime will benefit from this integration。Customers using platforms such as MetaTrader 4, TraderEvolution and TradingView will experience simplified trade reporting procedures and competitive pricing structures。

Afterprime co-founder Jeremy Kinstlinger said:

"Afterprime is pleased to announce our integration with PrimeXM and TRAction。This collaboration has made it easy for us to build EMIR and MIFIR reports for our CySEC entities, allowing us to continue to focus on delivering best-in-class pricing and best-in-class customer service.。

TRAction, which focuses on regulatory reporting, aims to simplify compliance for asset managers and underscores this through a series of pre-built integrations with trading platforms.。These integrations are designed to reduce manual processes associated with changing day-to-day reporting obligations, including upcoming regulatory frameworks such as EMIR Refit, and upcoming ASIC and MAS rewrites.。

Transaction reporting and direct data retrieval

The latest integration features get data directly from PrimeXM for accurate transaction report submission。This simplifies the reporting process, ensures accurate data submission, and reduces the operational burden associated with fulfilling current and emerging reporting obligations。

PrimeXM and Traction FinTech work together to make regulatory reporting smoother for everyone。PrimeXM founder Clive Dielthelm said: "Our XCore trading technology provides easy and open access to trading data to help customers such as Afterprime easily complete regulatory reports.。"

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