TRAction, a provider of trade reporting solutions, and PrimeXM, a technology provider, recently deployed a new integration for enhanced trade reporting: now being rolled out to joint clients who want to streamline their regulatory processes.
TRAction, which specialises in regulatory reporting to simplify compliance for asset managers, offers its clients a range of pre-built integrations with trading platforms to help minimise the manual processes involved in their daily reporting obligations: including new upcoming requirements such as the EMIR Refit, as well as the upcoming ASIC and MAS rewrites.
The latest integration smoothly retrieves data directly from PrimeXM, enabling accurate trade reporting submissions. This effort will simplify the reporting procedure, guarantee precise data submission, and alleviate the operational load linked to fulfilling current and new reporting obligations.
Quinn Perrott, co-CEO at TRAction, commented: “TRAction’s new integration with PrimeXM is a testament to our ongoing commitment to simplifying trade reporting. This collaboration highlights our dedication to providing firms with seamless, compliant solutions, easing their reporting burdens in an ever-evolving regulatory landscape. We believe this integration will aid our clients in navigating their reporting obligations efficiency and accurately.”
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