TORA, a provider of cloud-based order and execution system has launched a new reporting system called TORA Reporting Solution, that will allow assets managers to verify and report on their trading operations with greater flexibility from anywhere. The new system performs calculations on any data source and produces in-depth analysis reports with clear visualization and charts and can be accessed via web and mobile devices on a real-time basis.
Post implementation of MiFID II regulations, asset managers are under greater pressure to meet the new regulatory needs to meet the transparency, reporting and best execution practices demanded by the regulator. TORA Reporting also helps asset manager to meet the new regulatory challenges and improve their investment performances.
Some key features of new TORA Reporting system include Data Source Flexibility, Data Protection, Rich Report Template Library with in-depth reporting structures, Flexible Report Designs, Report Scheduling and Interactivity.
Robert Dykes, CEO of TORA said on TORA Reporting: “For fund managers to succeed in today’s highly regulated and competitive environment, they need information at their fingertips that will help them run their operations as efficiently and effectively as possible. Because the TORA platform is a single application that includes trading, risk, compliance and post-trade functions, TORA Reporting can provide clients with a holistic view of their operations, as well as the ability to drill deep into any area, helping them make more informed decisions about how to run their business.”
