TRAction Fintech
TRAction is a delegated regulatory trade reporting service provider for clients dealing in over-the-counter (OTC) derivatives and other financial products which trigger transaction reporting obligations under the ASIC, EMIR, MiFIR, SFTR, MAS, and Canadian regimes.
Organisation name
TRAction Fintech
Organisation Contact Email
info@tractionfintech.com
Private/Public Company
Private
Business Address
1 Ropemaker Street, London EC2Y 9HT
Regions
Europe, Asia, North America, Oceania
Product And Services Overview
We provide a full service that covers the following 3 aspects to ensure our clients meet all of their trade reporting requirements:
1. Trade Data Extraction and Conversion – we use direct feeds from trading platforms and back-office systems of financial firms to export clients’ trade data and convert it into the required format for reporting;
2. Reporting Trades on our client’s behalf – we submit the required reporting to trade repositories and regulatory bodies; and
3. Advisory and Consultation – we explain to our clients their obligations and requirements and provide industry updates.
With our full service, our clients manage to achieve the following:
1. Relieve the burden on human and internal resources assigned to trade reporting;
2. Understand their trade reporting obligations;
3. Ensure the reporting requirements and industry standards are met; and
4. Stay up-to-date with any regulatory change.
Client Types/Partnership Opportunities