TRAction, a London-based provider of regulatory reporting solutions, has announced that Bulgarian CFD broker DeltaStock AD will deploy its trade reporting solution to assist in compliance with European EMIR regulations.。

DeltaStock now uses TRAction's comprehensive regulatory reporting solution to meet its European Market Infrastructure Regulation (EMIR) reporting obligations。Under EMIR, all counterparties are required to report details of any derivative contracts they have entered into, or modified or terminated by the counterparty。With TRAction's reporting solution, DeltaStock will reduce the burden on its internal resources on transaction reporting and ensure accurate reporting requirements and industry standards。

TRAction focuses on regulatory reporting, supporting financial firms, brokers, investment managers, banks and power providers to meet their growing daily reporting obligations.。Currently, TRAction enables customers to report based on EMIR, MiFID II / MiFIR, SFTR, ASIC, MAS, Canada and Best Execution (MiFID II and MAS) as well as upcoming EMIR Refit new requirements and ASIC and MAS Rewrite requirements。

At present, the cooperation between the two parties has officially started, DeltaStock has deployed TRAction's solution in recent weeks。

Traction Co-CEO Quinn Perrott commented:

"TRAction is pleased to provide DeltaStock with our regulatory reporting technology to support its EMIR reporting obligations.。By leveraging TRAction's regulatory technology and expertise, DeltaStock is able to streamline its trade reporting process。This approach not only reduces the operational burden, but also minimizes the risk of non-compliance, ensuring that DeltaStock has peace of mind and allows them to focus on product and development goals。

DeltaStock Head of Compliance Galya Yordanova commented:

"We recently started working with TRAction Fintech to meet EMIR reporting obligations.。Their team is knowledgeable and responsive, and they go out of their way to help us whenever we have any problems or need to report help。We consider TRAction Fintech an important partner and look forward to working with them for many years.。

About TRAction

TRAction is a leading provider of regulatory reporting solutions worldwide, with more than 400 companies in Europe, the UK, Australia, Singapore and Canada relying on its services.。TRAction is a company that provides a full range of regulatory transaction reporting services, with the following core services: 1.Data extraction and conversion to transaction repository format; 2.Join the transaction and submit it to an approved transaction repository or an approved reporting mechanism (ARM); 3.Learn about transaction reporting rules and how to use them。Understand transaction reporting rules and their practical application to companies。

About DeltaStock

DeltaStock is a licensed investment company with more than 25 years of experience in financial markets, regulated by the Bulgarian Financial Supervisory Commission (FSC) and obtained a MiFID II passport.。