Why switch to TRAction for EMIR, MiFIR & SFTR Reporting?

Data Extraction

Data Extraction, Conversion and Enrichment

Report Trades on your Behalf

Report Trades on your Behalf

Specialist Advisory

Specialist Advisory and Consultation

Thinking of changing your current regulatory reporting service? Transitioning to a new regulatory reporting service can seem daunting. We understand the stress clients may face when switching to another TR, ARM or reporting delegate.

TRAction is here to make this process as easy as possible for you. We’ve worked extensively with other TRs and ARMs. Whether you are transitioning between TRs/ARMs or just looking to switch your reporting delegate, TRAction will ensure it is a smooth process and will help you manage the transition without hassle. We currently support financial firms, brokers, investment managers, banks and electricity suppliers, and report millions of transactions each day.

This is how TRAction can help you:

  1. Easy transfer of data
  2. High level of expertise
  3. Friendly and dedicated team

Easy Transfer of Data

TRAction’s motto is to provide seamless reporting services to all our clients to simplify their daily reporting requirements. When you switch to TRAction, we can either set up a direct connection with your platform or database to extract the relevant information or you can provide us with similar files to what you currently to send to your reporting delegate or TR/ARM.

High Level of Expertise

Trade reporting is TRAction’s core business which means we only do the reporting and nothing else. We invest all our time and energy in developing innovative and streamlined methods to report your trades. We excel in what we do and we are proud of what we’ve achieved. See below for 3 aspects of our all-rounded service for EMIRMiFIR and SFTR reporting:

  • Trade Data Extraction, Conversion and Enrichment We can use direct feeds from trading platforms and back-office systems to export trade data and convert it into the required format for reporting.
  • Reporting Trades on your behalf We submit the required reporting to a Trade Repository (TR) or Approved Reporting Mechanism (ARM).
  • Advisory and Consultation We provide regular industry insights and regulatory updates, explain to our clients their obligations and attend to any questions.

In addition, we have a Best Execution Monitoring Service which includes a best execution monitor and RTS 27 and 28 report preparation using your trade reporting information. We offer a free trial period to all our new reporting clients for this innovative technology.

Friendly and Dedicated Team

We have a highly enthusiastic team with a client-focused mindset. We strive to stand in the shoes of our clients to deliver more effective solutions to them and reduce the gaps in communication. With our talented staff, we can also provide services in multiple languages if required.

Still hesitating to make the switch? TRAction has outlined the steps required to complete the onboarding process with an TR/ARM compared to onboarding with us.

Call us today or leave a message in the box on the right to find out how we can help you with the transition.

Want to know why over 400 firms report their trades through TRAction?

Contact us to simplify your trade and transaction reporting.