TRAction and oneZero Enhance Transaction Reporting Integration
By leveraging oneZero's powerful family of trade and quote data, TRAction can now streamline the regulatory reporting process.
Leading enterprise oneZero, which provides multi-asset trading technology solutions, and TRAction, which offers trade reporting services, have announced new enhancements to their existing integration.
TRAction focuses on streamlining compliance reporting for brokers, offering clients a range of pre-built integrations with trading platforms to help minimize manual processes in daily reporting obligations, including new requirements such as EMIR Refit, as well as upcoming ASIC and MAS revisions.
The recent integration allows seamless extraction of trading data directly from oneZero's cloud-based business intelligence toolkit, Data Source, enabling automated and efficient compliance.
By leveraging oneZero's robust trading and quoting data series, TRAction can now simplify regulatory reporting processes, ensuring accurate data submissions and alleviating clients' operational burdens in meeting existing and new reporting requirements.
Quinn Perrott, Co-CEO of TRAction Fintech, stated, "TRAction Fintech is pleased to expand its collaboration with oneZero and continue its commitment to simplifying trade reporting. By harnessing oneZero's powerful technology, we will continue to provide solutions to our clients, streamlining their reporting processes and addressing the evolving complexities of trade reporting today."
Andrew Ralich, CEO and Co-founder of oneZero, added, "As a market-neutral technology provider, our goal is to provide transparency and control to clients throughout the trading lifecycle, including data accessibility for a range of vendors clients choose to collaborate with. For years, oneZero has been at the forefront of the industry by building a liquidity-neutral ecosystem on behalf of our clients."
This enhanced integration with TRAction demonstrates how our accessible data framework provides flexibility for our clients and partners, enabling seamless access to necessary trading data not only during but also after trades, delivering value. This integration enables clients to effortlessly deliver consistent, robust reporting and provides the assurance they need for the evolving regulatory landscape in 2024 and beyond.
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