Gresham Technologies wins Best Trade Reporting Solution Award
Gresham Technologies (Gresham) has been awarded the prize for Best Trade Reporting Solution at the 2022 Trading Tech Insight Europe awards.
Gresham's Connect for regulatory, which provides a complete managed regulatory and transaction reporting service for data connectivity, migration and integration and supports trade reporting for MiFID, EMIR, FINRA TRACE, Consolidated Audit Trail, MAS and more, was recognised for its 80+ adapters, standards and transformations for accelerated, format-agnostic connectivity to any regulatory venue, as well as its unique combination of real-time capabilities, powerful reconciliation and automated matching, and customisation for more intelligent reporting.
Connect for regulatory has delivered a number of key results for customers, including an 86% reduction in late FINRA TRACE reporting submissions for a global broker dealer which had already paid $500,000 in fines, reporting 380 million in-scope orders in one day for a single customer, and reducing error rates to just 0.0004% for a global broker-dealer's Consolidated Audit Trail reporting.
Gresham CEO, Ian Manocha, commented,
"The regulatory reporting space is littered with point solutions which have driven up cost and complexity within financial markets. We’re pleased to see recognition for our Control for regulatory offering which takes a strategic enterprise-wide approach to the control and automation of regulatory data. Our mission is to simplify regulatory processing for our customers, improving quality and delivering measurable benefits back to the organisation"
Angela Wilbraham, CEO of A-Team Group, which hosts the TradingTech Insight Awards Europe, added,
"It has been fantastic to see such a high calibre of entries in our TradingTech Insight Awards Europe 2022. There are some really deserving winners and we congratulate Gresham Technologies on winning Best Trade Reporting Solution and for their contribution to the financial trading technology industry".
To learn more about how Connect for regulatory can help your business, please contact us below.