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ease
features
design
support

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Write a Review

Description

Numerous companies offer support for trade and transaction reporting; some focus on software solutions for data extraction and conversion, others provide advice on regulatory compliance, and additional firms serve as agents to report trades on your behalf. However, TRAction stands out from the crowd. We go beyond merely being a software vendor, consultancy, or reporting agent. TRAction takes the initiative to extract, scrutinize, and format your data according to the specifications required by the appropriate trade repository. We handle your registration with a trade repository, prioritize cost-effectiveness, and address any discrepancies in your data for you. Our services include clarifying regulatory requirements, ensuring your business remains compliant, and keeping you updated on any changes in regulations. For further insights and updates on trade and transaction reporting under frameworks such as ASIC, EMIR, MiFIR, SFTR, MAS, and other global regimes, be sure to visit our blog for the latest information and discussions. Keeping abreast of these developments not only aids compliance but also empowers your organization in an ever-evolving regulatory landscape.

Description

To reduce risks in critical areas of scrap trading, a KYC report is generated and retained for every transaction, which includes the most recent information regarding the company's reputation and trading history. These archived reports can be analyzed for any shifts in data. Typically, buyers refer to the scrap KYC reports as a foundational resource for initiating new agreements. It is advisable to retrieve a report prior to engaging in new trades to verify current trade reputations. This practice proves advantageous, particularly when working alongside another trader. Beyond maintaining a strong visible reputation in the market, the scrap KYC reports offer crucial details concerning payment reliability and integrity. By examining the provided trade data, one can gain valuable insights into a company’s trading activities. The reports not only highlight the total number of trades conducted over the past two years but also indicate the average monthly trading frequency. Additionally, they present an overview of the top five trading partners and furnish a comprehensive breakdown of all trades associated with a company, enhancing the overall understanding of its trading landscape. This thorough analysis enables traders to make more informed decisions based on historical performance and current standings.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$99 per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

TRAction Fintech

Founded

2015

Country

United Kingdom

Website

tractionfintech.com

Vendor Details

Company Name

Tradefox

Country

The Netherlands

Website

get.tradefox.co

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Product Features

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