TraderEvolution has integrated TRAction’s trade reporting solution into its trading platform, allowing brokers and financial firms to automate regulatory reporting under the European Market Infrastructure Regulation (EMIR) and the Markets in Financial Instruments Regulation (MiFIR).
The integration enables trade data to be extracted directly from the TraderEvolution platform and submitted through TRAction’s reporting system. The companies said the process is intended to reduce manual reporting work and help firms meet regulatory reporting requirements across Europe and the UK.
The integration is available to firms using TraderEvolution Global’s platform as their core trading infrastructure.
TRAction provides regulatory reporting services to banks, brokers, investment managers, and other financial institutions, with support for trade reporting across Europe, the UK, Australia, and Singapore. The company says more than 800 firms use its reporting services.
TraderEvolution provides multi-asset trading technology to brokers, banks, and proprietary trading firms. Its platform supports trading across asset classes, including equities, futures, options, foreign exchange, CFDs, cryptocurrencies, and fixed income.
The partnership expands TraderEvolution’s ecosystem of third-party integrations, which allow brokers to connect specialist providers for services such as compliance, risk management, and post-trade operations.
For TRAction, the integration adds another trading platform to its network of pre-built connections aimed at automating regulatory reporting workflows.
