TRAction has enhanced its offering by integrating its reporting platform with iSAM Securities’ liquidity bridge, APEX. Announced today (Monday), the integration is already live, thus eliminating the need for manual data collection.

A Push to Ease Regulatory Reporting

The press release shared with Finance Magnates detailed that the integration has streamlined the reporting process, ensured data submission accuracy, and alleviated the operational burden of existing and incoming reporting requirements.

Furthermore, it expands iSAM Securities’ clients’ reporting capabilities, enabling them to capture and transmit raw data directly from APEX to the reporting platform. It supports all major transaction reporting regimes, including EMIR, MiFIR, ASIC, MAS, CFTC, and Canada. It will also support the new upcoming requirements EMIR Refit and ASIC and MAS rewrites.

“When it comes to our clients, we fully acknowledge the importance of reporting,” added Dennis Weissert, iSAM Securities’ Head of Technology Business Development. “In partnering with TRAction, clients will benefit from automated regulatory reporting from the iSAM Securities APEX bridge, combining high-quality data with a more streamlined reporting process.”

“At iSAM Securities, the needs of our clients are at the forefront of what we do. With this partnership in place, we have integrated our market-leading connectivity with accurate and efficient reporting to ensure the most positive experience for all our clients.”

Regtech Integrations across Platforms

TRAction has also integrated its reporting solutions similarly with multiple other platforms. As Finance Magnates reported earlier, TRAction integrated its platform with oneZero, cTrader, Afterprime, and FlexTrade’s EMS.

“To meet regulatory obligations, it is now crucial for firms to work with specialised technology partners to share the burden of implementing complex requirements,” said Quinn Perrott, co-CEO of TRAction.

“TRAction works to integrate with as many trading venues as possible, including iSAM Securities APEX bridge. We also remain open to integrations and development work with other trading platforms and back-office solutions that help make operations more convenient.”