The Most Common Errors in SFTR Transaction Reporting

We’ve identified the 3 most common errors in the transaction data we receive from our clients
Unique Product Identifiers – ANNA-DSB & the UPI

The Unique Product Identifier (UPI) is a new field and a component of the common data elements (CDE) which apply under EMIR, UK EMIR, ASIC and MAS.
Are Rolling Spot FX and Rolling Spot Precious Metals reportable under MiFIR?

A common question we still get asked is whether or not Rolling Spot FX and Rolling Spot Precious Metals are considered reportable under MiFIR.
UPIs – what information is needed to search/create a UPI?

The Unique Product Identifier (UPI) is a code used for OTC derivatives that are reported to a trade repository – their purpose is to help identify the relevant OTC derivative. UPIs are now required across EMIR, ASIC, and MAS, following the go-live of the UK and EU EMIR Refits, and the ASIC and MAS Rewrites. […]
The 4 Most Common Errors in MiFIR Transaction Reporting

We’ve identified the 4 most common errors in the transaction data we receive from our clients: missing customer details, duplicate transactions and incorrectly formatted dates.
Key Takeaways from ESMA’s 2025 Report on Quality and Use of Data

ESMA has published its 2025 Report on Quality and Use of Data (“Report”), the 6th edition of its annual review across the regulatory reporting regimes within ESMA’s remit. For entities who operate across EMIR, MiFIR and SFTR reporting regimes, the Report contains a number of important findings and signals about: where data quality stands today, […]
The 6 Most Common EMIR Reporting Errors

We’ve identified the 3 most common errors in the data we receive from our clients: NonReportingPartyCountry field populated with invalid country code, UTI reused for a new trade and invalid LEIs used.
Meet the team: Skanda Kumar

How did Skanda find himself at TRAction? Before joining TRAction, Skanda was part of the Global Markets and Billing Operations team at State Street, handling financial management infrastructure. After gaining valuable experience Skanda wanted to challenge himself further, to expand his knowledge, develop new skills, and take on greater responsibilities, leading him to his current […]
TraderEvolution Launches Integration with TRAction’s Trade Reporting Solution

TRAction’s trade reporting solution is now seamlessly integrated with TraderEvolution’s technology, enabling firms to support advanced transaction reporting requirements across Europe and the UK. TRAction’s newly launched integration with TraderEvolution streamlines EMIR and MiFIR transaction reporting, enabling firms to meet regulatory obligations more efficiently through automated and accurate reporting workflows. The integration between TRAction and […]
Centroid Solutions and TRAction partner to streamline regulatory trade reporting

Centroid Solutions has partnered with TRAction to streamline regulatory trade reporting. Centroid Solutions, a global capital markets technology provider, and TRAction, a leading regulatory reporting specialist, have announced a strategic partnership designed to streamline and enhance regulatory reporting processes for mutual clients. Through this partnership, trading data flows seamlessly from Centroid Solutions’ infrastructure directly into […]