oneZero Allows Clients to Select Multiple Regulatory Reporting Vendors

oneZero, a financial services technology solutions provider, announced on Tuesday that it will allow its clients to select any post-trade regulatory vendors available in the oneZero’s EcoSystem.

Once selected, the post-trade regulatory vendors will be able to access the client data from Data Source, oneZero’s cloud-based business intelligence toolkit. This service, according to the company, will significantly reduce its client regulatory reporting time.

“oneZero’s ongoing objective is to give control to our clients,” oneZero Co-founder and CEO, Andrew Ralich said in a statement.

“This initiative puts post-trade solutions on a level playing field for clients, as they are able to use and compare their internal post-trade reporting solutions with solutions provided by oneZero and by third party regulatory vendors so that they can select the solutions that are right for them.”

Regulatory Vendors Are Optimistic

The oneZero Ecosystem is a distribution channel of multi-asset class Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term with over 200 participants, including banks, brokerages, and various hedge funds. It is the largest global network of multi-asset class liquidity and a highly progressive model both in terms of software and the access it provides to a broad list of derivative products.

The recent extension of its services will allow its clients to choose more than one post-trade vendor for regulatory reporting in multiple jurisdictions. Three top regulatory reporting vendors on oneZero’s Ecosystem are EMIREP, Point Nine, and SteelEye.

“EMIREP is dedicated to regulatory reporting for EMIR, MIFIR, SFTR, and best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term to provide clients with customized managed services while reducing their costs by combining compliance expertise with technological intelligence,” EMIREP Head of Strategy, Martin Meyer said. “Integration into oneZero’s EcoSystem is a real added value for our common clients.”

“We are pleased to extend this service to oneZero clients by joining the oneZero EcoSystem,” Alexia Kokkinou, Client Success Manager at Point Nine, said boasting its proprietary regulatory reporting technology.

“SteelEye is a trusted compliance vendor for MiFID II, EMIR, MAR, Dodd-Frank, and more,” SteelEye’s Helen Bevis added. “Seamless access to oneZero data in SteelEye increases efficiencies for joint clients as they streamline their compliance data management processes.”