About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TORA Partners Trax to Support MiFID II Trade and Transaction Reporting

Subscribe to our newsletter

TORA has extended its provision of MiFID II solutions through a partnership with Trax, the European market data division of MarketAxess. The partnership will combine TORA’s order and execution management system (OEMS) with the Trax regulatory reporting engine to provide users with straight through processing for the trade and transaction reporting requirements of MiFID II.

Chris Jenkins, managing director of TORA, says: “To keep pace with the changing regulatory landscape, buy-side firms need trading technology that can be easily integrated with other solutions. Trax adds to our expanding MiFID II Approved Reporting Mechanism (ARM) and Approved Publication Arrangement (APA) partner ecosystem and offers our clients a simplified trading and reporting workflow.”

Nick Moss, head of product management at Trax Post-Trade, adds: “The trade and transaction reporting obligations of MiFID II have brought increased operational complexity to a wide range of participants. Trax is committed to working with OEMS providers, such as TORA, to help reporting firms streamline their processes and reduce risks.”

TORA’s partnership with Trax expands its MiFID II product line covering best execution, regulatory reporting and commission management.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practices for regulatory reporting

Date: 16 July 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Regulatory reporting is a repetitive, time consuming and expensive business. At its best it requires robust data governance, automated data collection and reporting, standardised reporting formats, a centralised reporting system and a means to monitor and review regulatory change....

BLOG

Genesis Global Unveils AI-Driven Data Services for Enhanced Bond Market Analysis

Genesis Global, the low-code application development framework provider, has introduced new AI-driven data services for the bond market within its platform, aiming to streamline how asset managers locate and trade primary bond issues. “Firms often face complexities in tracking new issues due to the varied channels syndicating banks use for disseminating deal terms and information,”...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Data Lineage Handbook

Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...