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 TRAction’s reporting systems, significantly reducing manual intervention while improving the accuracy, efficiency, and reliability of regulatory reporting workflows.
A study by Coalition Greenwich and FIO noted that:
“Some firms maintain 30 or more systems to manage their middle- and back-office operations. Moving data through this multitude of platforms can be overly manual and introduce cost and risk, such as incorrect trade booking, over (or under) collateralization and inaccurate risk data”.
TRAction’s reporting solution is designed to help firms reduce the operational complexity associated with fragmented reporting environments by eliminating the need to implement any additional systems. This helps alleviate the need for significant additional resourcing requirements, costs and operational work often involved in regulatory trade reporting.
The integration with Centroid Solutions’ CS 360 Engine further demonstrates this approach by enabling trading data to flow directly into TRAction’s reporting systems, helping mutual clients simplify regulatory reporting processes while reducing operational overheads and risk.
Quinn Perrott, co-CEO at TRAction, commented:
“Financial institutions are already managing increasingly complex operational environments, and regulatory reporting should not create additional operational challenges. By integrating directly with Centroid Solutions, we are making trade reporting more seamless and accessible for clients, while helping reduce the operational burden often associated with fragmented reporting processes.”
Cristian Vlasceanu, CEO of Centroid Solutions, commented:
“Our partnership with TRAction reflects a shared focus on improving operational efficiency for financial institutions. By connecting trading infrastructure directly with regulatory reporting workflows, we are helping clients simplify processes, reduce operational overheads, and improve the overall reporting experience.”
About TRAction
TRAction is already a major provider of regulatory reporting solutions globally, with over 800 firms across Europe, the UK, Australia and Singapore already relying on its services.
TRAction is a full-service regulatory trade reporting business, with the following core services:
- Data extraction and conversion to the trade repository format.
- On-boarding and submission of trades to an approved trade repository or Approved Reporting Mechanism (ARM), and
- Understanding the trade reporting rules and how they practically apply to firms.
About Centroid Solutions
Centroid Solutions is a leading capital markets technology provider offering a modular suite of solutions purpose-built to power embedded finance and multi-asset trading. Our comprehensive ecosystem delivers advanced trading technology, infrastructure, and support services designed to help financial institutions optimize operations, expand their product offerings, and achieve superior trading performance across global markets.
Each component of the Centroid ecosystem operates independently or as part of a fully integrated platform, seamlessly orchestrating data, infrastructure, and workflows. From liquidity access and banking services to risk intelligence, client lifecycle management, hosting, and brokerage infrastructure, our solutions empower financial institutions, brokers, banks, prop firms, and super apps to accelerate deployment, streamline operations, and deliver next-generation financial experiences with speed, precision, and scalability.
Centroid Solutions has supported over 500 firms worldwide, from startups to large brokers and financial institutions, helping them create the differentiated trading experiences their clients demand. With clients in more than 50 countries across institutional and retail segments, and a team bringing decades of deep expertise in brokerage technology and services, Centroid continues to drive innovation and performance across the global financial ecosystem.
