TZTR
Eflow Global
A Unified Compliance System
TZTR is a cloud-based transaction reporting solution aimed at helping investment firms comply with the latest financial reporting regulations. It aims to provide compliance teams with simple, automated solutions to multiple reporting requirements in a single piece of software. With a single subscription cost and no hidden fees, TZTR provides both MiFIR and EMIR reporting with further reporting regimes to be added on a regular basis.
Unrivaled Agility
All TZTR systems are built using eflow’s proprietary development platform PATH. This allows eflow to implement changes to client systems near-instantly without the need to build in new functionality from scratch. With such a rapidly changing regulatory landscape, this means that functionality addressing new reporting requirements can be added quickly with no additional cost to the client.
Seamless Integration of Multiple Data Sources
Good transaction reports require data from multiple front and back office systems. TZTR can ingest and read data from all of these sources. As well as this, the final transaction reports will always be formatted exactly in accordance with the file requirements of the relevant regulator.
Multi-Destination Automation
TZTR eliminates the waste of resources brought about by duplicate reporting to multiple regulators. Reports will be sent to the relevant regulators, ARMs and TRs in accordance with their respective requirements with no additional work required by the client.
General information
How it works
For firms with transaction reporting obligations, eflow operates as an intermediary between the reporting firm and the Approved Reporting Mechanisms to whom these reports must be submitted. This intermediary role is known as a technical router. As a technical router, eflow will provide transaction reports to Approved Reporting Mechanisms on behalf of the client and will receive response files once the reports have been processed. It will then be the responsibility of the reporting firm to manage exceptions in the TZTR system.
Upload Data
The client uploads their trade data to a secure, personalized sFTP site. This is a daily automated process which will initially be set up by the client and eflow’s data analysis team.Reconciliation
Once the client’s data is in TZTR, it will perform reconciliation. This will highlight any inconsistencies between data sources contained in the client’s file and/or supplementary data provided by us.Submission
Once all data has been validated, TZTR will automatically generate the relevant transaction reports and submit them to the relevant Trade Repository, Approved Reporting Mechanism etc.
How it looks
TZTR
Generate regulatory-ready reports without any manual intervention. Validate your data and deliver reports to multiple ARMs and TRs Show lessFeatures and Benefits
Implement changes quickly and seamlessly. Never feel lost when using your system - our team is here to help. Show less
