oneZero has added three new post-trade Regulatory Vendors with direct access to oneZero’s Data Source data: IHS Markit, TRAction, and Tradefora.
The provider of multi-asset enterprise trading technology solutions has expanded the list of vendors, which includes the recently added EMIREP, SteelEye, and Point Nine, to offer clients with more options for their regulating needs, such as using multiple vendors across jurisdictions at the same time.
Andrew Ralich, Chief Executive Officer at oneZero, commented: “oneZero’s mission is to give our customers greater control throughout the entire trading lifecycle. By offering the widest-possible offering of post-trade Regulatory Vendors, we are giving customers the ability to seamlessly integrate with the vendor of their choice – no matter how their business changes or evolves to market conditions.”
oneZero’s Data Source is an agnostic cloud-based business intelligence toolkit, which unlocks clients’ trade, quote, and quote derivative data in Data Source DNA. Partner vendors may access the same underlying neutral data from Data Source with no additional effort made by brokers.
Ronen Kertis, Head of Global Regulatory Reporting at IHS Markit, said: “At IHS Markit, we aim to simplify and ease regulatory reporting using our single platform for multiple jurisdictions. Our clients will continue to enjoy a seamless, albeit enhanced integration between our two platforms. The integration with the oneZero EcoSystem will allow oneZero clients to use our best-of-breed services with no technical integration effort on their side.”
Quinn Perrott, co-CEO, TRAction Fintech, commented: “TRAction is committed to the provision of seamless and simple regulatory reporting services, hence our decision to partner with oneZero. This partnership has expanded our access and reach to oneZero’s growing customer base, allowing oneZero clients to easily comply with their EMIR, MiFIR, Best Execution, ASIC, MAS and other reporting obligations via TRAction’s end-to-end reporting solutions.”
Pavel Khizhnyak, Co-Founder and CEO, Tradefora, added: “The right regulatory partner can significantly lower the burden of compliance. We are thrilled to be partnering with oneZero today. We build all our products around the concept of best execution, which can’t be done without the ease of access to the underlying data. Integration with oneZero Data Source greatly reduces the integration costs and deployment time of Tradefora’s solutions for oneZero customers.”
oneZero Financial Systems has most recently released its Algorithmic Pricing Module to facilitate the formation of customized pricing for each recipient. The price creation tool uses brokers’ own data constructs and algorithms that can access market data, market risk positions, and other unique information.
The module addresses the needs of sophisticated clients who look to fine-tune their pricing function. They can take relevant parameters through a combination of API inputs and exposed user-defined settings. This addition to the oneZero Institutional Hub offers a coding interface that enables clients to insert their own native code for greater control of the elements used and the construction of the price algorithms.
The Algorithmic Pricing Module is designed to allow brokers to keep their proprietary processes to themselves instead of having to expose them to such a competitive industry. oneZero is a multi-asset enterprise trading technology solutions renowned for its liquidity service. Over the past ten years, the firm built a distribution network with over 200 retail and wholesale brokers who trade over 100 billion USD through its Hub.