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In order to prepare the requirements on Trade and Transaction reporting in end 2017, my company searched on the market for the main service providers who can provide both APA and ARM solutions. Trax became the ideal vendor after asessed 4-5 different providers. Post the implementation, I was using it on a daily basis to submit, review and correct for trade and transaction reporting process for Putnam Investment Ltd. Review collected by and hosted on G2.com.
Trax is one of the best tools so far I've used for post-trade and MiFIR reporting obligations. I've also used some platforms from some large global providers, but Trax so far is the most user-friendly one.
1. Easy and clean master pad which you can design according to your preference;
2. Various ways to enter a trade, including manual entry and spreadsheet uploading;
3. Error flags are very easy to read, and it's linked to the correct session of user-manual for potential rejection;
4. Brilliant supporting team and fast reply;
5. Easy to work with the tech team to make any changes;
6. Graphic report function can help to generate Management Information for record-keeping purposes. Review collected by and hosted on G2.com.
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