oneZero adds IHS Markit, TRAction, Tradefora as post-trade Regulatory Vendors

Rick Steves

Data Source unlocks clients’ trade, quote, and quote derivative data in Data Source DNA, and turns it into meaningful business intelligence and opportunity analytics in Data Source Insights.

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oneZero Financial Systems has announced the addition of IHS Markit, TRAction, and Tradefora as new post-trade Regulatory Vendors with direct access to oneZero’s Data Source data.

The platform, which already boasts other vendors, including EMIREP, SteelEye, and Point Nine, is thus providing clients with more options for integrating regulatory vendors that fit their needs, depending on the jurisdiction. Brokers can use multiple vendors at the same time.

Data Source unlocks clients’ trade, quote, and quote derivative data in Data Source DNA, and turns it into meaningful business intelligence and opportunity analytics in Data Source Insights.

Andrew Ralich, Chief Executive Officer at oneZero Financial Systems, commented: “oneZero’s mission is to give our customers greater control throughout the entire trading lifecycle. By offering the widest-possible offering of post-trade Regulatory Vendors, we are giving customers the ability to seamlessly integrate with the vendor of their choice – no matter how their business changes or evolves to market conditions.”

Ronen Kertis, Head of Global Regulatory Reporting at IHS Markit, said: “At IHS Markit, we aim to simplify and ease regulatory reporting using our single platform for multiple jurisdictions. Our clients will continue to enjoy a seamless, albeit enhanced integration between our two platforms. The integration with the oneZero EcoSystem will allow oneZero clients to use our best-of-breed services with no technical integration effort on their side.”

Quinn Perrott, co-CEO, TRAction Fintech, added: “TRAction is committed to the provision of seamless and simple regulatory reporting services, hence our decision to partner with oneZero. This partnership has expanded our access and reach to oneZero’s growing customer base, allowing oneZero clients to easily comply with their EMIR, MiFIR, Best Execution, ASIC, MAS and other reporting obligations via TRAction’s end-to-end reporting solutions.”

Pavel Khizhnyak, Co-Founder and CEO, Tradefora, said: “The right regulatory partner can significantly lower the burden of compliance. We are thrilled to be partnering with oneZero today. We build all our products around the concept of best execution, which can’t be done without the ease of access to the underlying data. Integration with oneZero Data Source greatly reduces the integration costs and deployment time of Tradefora’s solutions for oneZero customers.”

oneZero has recently launched ‘Institutional Hub’, which is designed to put institutional brokers, prime of prime providers and banks in control of their trading. The Institutional Hub adds to oneZero’s suite of Hubs that also includes Retail Broker Hub and Liquidity Provider Hub, solving the specific needs of each audience.

oneZero’s Institutional Hub allows clients to define all trading criteria with advanced aggregation, price formation, customized distribution, risk management and systematic hedging. Comprehensive price formation capabilities are used in conjunction with intelligence gained from Insights that allow institutional brokers and banks to analyze their liquidity provider performance and client trading behavior.

Together with the Institutional Hub, the oneZero platform also includes EcoSystem for market access and cloud-based Data Source for business intelligence. oneZero empowers Institutional Hub clients to facilitate bilateral relationships between their customers and their liquidity sources. This is strengthened by the stored quote and trade data that is transformed into analytics that enable informed strategies.

oneZero’s Software as a Service offering allows clients to get to market quickly, as it is coupled with EcoSystem’s connectivity. The technology is proven to be extremely robust, routing billions of quotes daily. With over 100 staff, oneZero offers a follow-the-sun support model, with a global operations team based in Asia, Europe and the United States that provides customer support 24/5.5 to clients in their own time zone. In addition, oneZero is certified to the standards of ISO 27001.

oneZero was founded in 2009 with its roots in building low-latency trading infrastructures, and has more recently invested in highly sophisticated human workflows, which can be seen in the Institutional Hub user interface.

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