Tradeware Global launches reporting platform

Source: Tradeware Global

Tradeware Global, the leading broker-neutral solution provider for electronic access to global equity markets, today announced that Tradeware Reporting Center is now ready for deployment to all current and future clients.

The enhanced reporting platform, available in conjunction with Tradeware's MarketCenter and GlobalX solution suites, provides broker-dealers with a wide range of on-demand compliance and business reports, addressing the industry's growing regulatory requirements.

Tradeware Reporting Center offers easy access to various reports for traders, compliance officers, and middle- and back-office staff via multiple channels: secure web access, scheduled email, or ftp. The online Reporting Center provides immediate access to trade data for the preceding three months, with further historical data available on an on demand basis.

Specifically, clients will now be able to use Tradeware reporting to aid in the fulfillment of requirements for SEC Rules 17a-3, 17a-4, and Reg SHO. Capability for Rule 606 reporting (formerly Rule 11ac 1-5) is in development.

Said Cody Callihan, Tradeware's Vice President: "Tradeware Reporting Center and its flexible delivery methods is another way for us to provide better service for our clients at the time and the place they need it most. Moreover, client input served as a basis for design and format of every report. Following our initial launch we received extremely positive feedback from the pilot users - from management and compliance to front, middle and back office personnel. The clients responded particularly well to the easy access, clear layout, and the on-demand capabilities. Leveraging our extensive expertise in compliance reporting, we are continuing to add new reports on a regular basis, giving an expanded dimension to the value of our MarketCenter and GlobalX solutions."

The Tradeware Reporting Center rollout comes on the heels of the recent announcement of the Tradeware OATS Consolidator solution, which resolves the issue of multiple OATS submissions for users of multiple systems on their trading desks. Reporting Center will provide web access to the archived compliance reports for the broker-dealers using Tradeware's OATS reporting service.

Comments: (0)