Centroid Solutions and TRAction have linked their systems so trading data moves from Centroid's infrastructure directly into TRAction's regulatory reporting tools, the two firms said today (Monday).

The deal is aimed at cutting the manual work brokers face when filing trade reports.

The connection runs through Centroid's CS 360 Engine, the company's order-routing and connectivity system, feeding raw trade data into TRAction's platform.

Centroid, a capital markets technology provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term, has spent the past year wiring itself into a growing list of platforms and venues, while TRAction handles trade reporting for firms across Europe, the UK, Australia and Singapore.

According to the firms, the setup removes steps that previously required staff to move data between separate systems by hand.

What the Integration Actually Does

In practice, trades booked through Centroid's engine are formatted to regulatory specifications inside TRAction's systems and submitted to approved repositories.

The company said the approach lets clients meet reporting rules without installing extra software, which it said removes the need for additional staffing and spend.

The announcement leaned on a Coalition Greenwich and FIO study, cited by the firms, which found that some firms run 30 or more systems across their middle and back offices.

That kind of sprawl can raise costs and the risk of booking trades incorrectly, the study said.

Quinn Perrott, co-CEO at TRAction, said "regulatory reporting should not create additional operational challenges" for firms already managing complex operations.

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The companies did not name any broker already using the joint setup, or say how many mutual clients the integration covers.

TRAction Keeps Wiring Into Trading Platforms

The Centroid link is the latest in a run of similar tie-ups for TRAction, which has been plugging its reporting engine into one trading platform after another.

The firm connected to DXtrade earlier this year, routing platform data straight into its systems for automatic filing.

That followed a July partnership with Tools for Brokers, which embedded TRAction's reporting into the Trade Processor liquidity bridge, and an earlier integration with Spotware's cTrader in 2023.

TRAction has also worked with bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met Read this Term providers including oneZero and PrimeXM, the latter through a 2024 reporting setup for broker Afterprime.

The pattern is consistent. TRAction does not build trading technology, so it relies on connections to the systems brokers already run, and the Centroid deal adds one more pipe into its reporting infrastructure.

The firm says more than 800 companies across its markets use its services, a figure it reports itself.

The timing tracks a heavier reporting workload across jurisdictions. European markets have worked through EMIR Refit changes, while Australian and Singaporean regulators rewrote their reporting frameworks, pushing brokers to lean on specialist vendors rather than manage filings in-house.

Cristian Vlasceanu, CEO of Centroid Solutions, said the partnership "reflects a shared focus on improving operational efficiency for financial institutions."

Centroid Adds a Reporting Partner to Its Stack

For Centroid, the deal slots reporting into an ecosystem the company has been steadily expanding.

Over the past year it has integrated Cboe market data for broker clients, tied its risk analytics to Match-Trade Technologies and built a bridge into Saudi Arabia's SNB Capital to open access to the Tadawul exchange.

The TRAction tie-up is notable because Centroid has long marketed its own regulatory reporting tools as part of its suite.

Routing data to an outside specialist instead positions the CS 360 Engine as the connectivity layer feeding third-party reporting, rather than a rival to it.

Centroid said it now supports more than 500 firms in over 50 countries, up from the roughly 350 it cited in earlier disclosures.

Neither firm gave a timeline for client onboarding or said whether the integration carries an added fee.