TRAction enhances oneZero integration for seamless trade reporting solution

Rick Steves

“By leveraging the power of oneZero’s technology we continue to provide our clients with a solution that streamlines their reporting processes and addresses the evolving complexities of trade reporting in today’s landscape.”

TRAction and oneZero have enhanced their integration to further merge regulatory reporting expertise with advanced trading technology to offer streamlined compliance processes for brokers.

Now, TRAction is able to extract trade data directly from oneZero’s cloud-based business intelligence toolkit, Data Source, allowing for automated, efficient compliance.

The London-based RegTech firm specializes in easing the regulatory reporting burden for brokers by providing pre-built integrations with trading platforms. This reduces manual efforts in meeting reporting obligations, including new EMIR Refit requirements and upcoming ASIC and MAS rewrites. The enhancement leverages oneZero’s cloud-based Data Source, enabling the automated and efficient extraction of trade data for regulatory reporting.

The integration utilizes oneZero’s comprehensive trade and quote data to simplify regulatory reporting, ensuring accurate data submissions and lessening the operational load for clients in meeting both current and future reporting mandates.

Consistent, robust reporting amid changing regulatory landscape

Quinn Perrott, co-CEO, TRAction, commented: “TRAction Fintech is pleased to expand its partnership with oneZero and continue our commitment to simplifying trade reporting. By leveraging the power of oneZero’s technology we continue to provide our clients with a solution that streamlines their reporting processes and addresses the evolving complexities of trade reporting in today’s landscape.”

Andrew Ralich, CEO and Co-Founder, oneZero, said: “As a market-neutral technology provider, our aim is to provide transparency and control to clients throughout the trade lifecycle, and that includes providing data accessibility to the range of vendors with whom our clients choose to work. For years oneZero has operated as an industry leader through 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 transaction, but in post trade as well. The integration makes the process of providing consistent, robust reporting effortless for clients and gives them the assurance they require in the changing regulatory landscape of 2024 and beyond.”

TRAction is recognized for its regulatory reporting solutions globally, supporting over 700 firms in Europe, the UK, Australia, Singapore, and Canada. Its services include data extraction and conversion, onboarding and trade submission to trade repositories or Approved Reporting Mechanisms (ARM), and guidance on trade reporting rules.

oneZero Financial Systems, since its inception in 2009, has been at the forefront of multi-asset class enterprise trading technology. Its offerings include the Hub, EcoSystem, and Data Source, providing comprehensive solutions for trade execution, distribution, and analytics. With a commitment to compliance and market access, oneZero serves financial institutions and brokers worldwide, backed by ISO 27001 certification and global operations centers.

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