TraderEvolutionhas connected its trading platform to TRAction's regulatory reporting service,giving brokers a route to file EMIR and MiFIR transaction reports withoutexporting data by hand. The twocompanies announced the integration today (Monday), the latest in a run ofplatform tie-ups for the reporting provider.TRAction Stacks Up AnotherPlatform HookupTRActionpitches the setup as a way to cut the manual work in daily reporting, pullingtrade data directly from the platform and converting it for submission to traderepositories and approved reporting mechanisms. The companysays the option will be available to any broker running TraderEvolution's technology as its core infrastructure. QuinnPerrott, co-CEO at TRAction, said the integration is "...designed to helpfirms streamline their EMIR and MiFIR reporting processes for increasedefficiency."The dealextends a pattern for TRAction, which has spent years wiring its reportingengine into the platforms brokers already run rather than asking them to bolton a separate system. Tools forBrokers embedded the service inside its Trade Processor bridge,covering EMIR, MiFIR and ASIC reporting along with best execution monitoring.Years earlier, the firm paired with oneZero ahead of the January 2018MiFID II deadline, and it has since added integrations for cTrader and theMetaTrader line.Rivals arechasing the same compliance budgets. Kaizen Reporting markets data-qualitychecks to banks and brokers and runs an annual MiFIR and EMIR Refit conference,while a cluster of smaller regtech vendors compete on delegated reporting anderror remediation.Regulators Move to Shrinkthe Reporting OverlapTheintegration arrives as European authorities push to make some of this reportingredundant. TheEuropean Securities and Markets Authority is consulting on EMIR 3 rules built around a "reportonce" principle, after estimating that about a third of EMIR reportsoverlap with MiFIR and that the duplication costs the industry between €1billion and €4 billion a year.For now theobligations stand, and the workload has if anything grown. Earlier overhaulsunder the EU and UK EMIR Refit and the ASIC and MAS rewrites tightened the rules on unique transaction identifiers,pairing and matching, and lapsed entity identifiers, all of which raise thecost of getting a report wrong. Thatmismatch, more rules to comply with now, fewer expected later, is the backdropagainst which vendors keep selling automation.TraderEvolution KeepsBolting On PartnersForTraderEvolution, the TRAction deal is one more addition to a platform it haswidened steadily through partnerships. In Decemberthe vendor signed Dubai-based Equiti Group as a platform client, and it haspreviously plugged in TradingView's trading interface and supplied its back end to Exinity's brands, including FX broker FXTM.TraderEvolutionGlobal CEO Roman Nalivayko said the integration means "brokers need tospend significantly less time managing reporting obligations." Neithercompany disclosed financial terms or named any brokers signed up to use thecombined service.This article was written by Damian Chmiel at www.financemagnates.com.