DeltaStock Taps TRAction for EMIR Regulatory Reporting

DeltaStock AD, an Investment firm licensed in Bulgaria, has partnered with TRAction, a leading regulatory technology provider for trade reporting solutions to assist its compliance with European EMIR regulations.

DeltaStock utilizes TRAction's comprehensive regulatory reporting solution for their European Market Infrastructure Regulation (EMIR) reporting obligations. Under EMIR, all counterparties are required to report details of any derivative contract they have concluded, or which the counterparty has modified or terminated. With TRAction's reporting solution, DeltaStock will relieve the burden on their internal resources assigned to trade reporting and ensure the reporting requirements and industry standards are met accurately.

The partnership is now live and in production, with DeltaStock deploying TRAction's solution in recent weeks.

Quinn Perrott, co-CEO at TRAction, commented: "TRAction is pleased to provide DeltaStock with our regulatory reporting technology to support their EMIR reporting obligations. By leveraging TRAction's regulatory technology and expertise, DeltaStock is able to simplify its trade reporting process. This approach not only reduces operational burden but also minimises the risk of non-compliance, ensuring peace of mind for DeltaStock, allowing them to focus on their product and growth ambitions."

Galya Yordanova, Head of compliance at DeltaStock, commented: "We recently started working with TRAction Fintech to cover our EMIR reporting obligations. Their team is incredibly knowledgeable, responsive, and willing to go the extra mile to assist us whenever we had any questions or needed help with our reporting. We view TRAction Fintech as a valued partner and hope we can work with them for years to come."