TRAction and oneZero have enhanced their existing integration to streamline reporting processes and reduce operational burden.
TRAction, a provider of trade reporting service, uses oneZero’s trade and quote data series to aid with reducing manual processing involved in reporting.
Quinn Perrott, co-CEO of TRAction, comments: “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 of oneZero, adds: “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.”
TRAction claims that the partnership will allow for a greater response to new regulatory requirements such as the EMIR Refit and upcoming regulatory rewrites by the Australian Securities and Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS).
