CoreOne Acquires Thomson Transaction Analytics (TTA) and Transaction Auditing Group (TAG)

CoreOne Acquires Thomson Transaction Analytics (TTA) and Transaction Auditing Group (TAG)

RegOne Solutions formed as a new market structure analytics and reporting division

PR Newswire

NEW YORK, Jan. 22, 2015 /PRNewswire/ — CoreOne Technologies today announced the formation of its fourth division, RegOne Solutions. RegOne provides best execution reporting, compliance solutions and trading analysis for brokers, exchanges, ATSs and other industry participants. CoreOne acquired TTA and TAG and merged them into RegOne in order to create a critical mass of clients, data and products at a time when the political and regulatory dynamic is demanding sweeping changes to how transactions are executed and measured.

RegOne Solutions

The TTA acquisition closed with Thomson Reuters in Q3 of 2013 and the TAG acquisition closed earlier this month. To underpin the merged firms, CoreOne built a new technology platform with the following features:

  • A high capacity computing infrastructure built upon a time series database capable of analyzing millions of transactions in seconds
  • Transparent and intuitive execution quality reports, tailored to retail investors, institutional investors, exchanges and regulators
  • Reporting portal that includes workflows tools, ensuring key brokerage and exchange obligations are automated in line with regulatory processes
  • A decade of transaction records from over 350 brokers, all US exchanges and over 30 dark pools

“The US market structure is receiving more attention now than ever. We expect many of the initiatives related to market stability, efficiency, transparency, and conflict of interest to become codified in the near future. We believe that RegOne is well positioned to meet these challenges, as we understand the space and have invested in demystifying the data in an automated fashion,” said Rob Flatley, CEO of CoreOne Technologies. “Aside from the critical mass of data and products we gained from these acquisitions, we have also hired a team of industry experts to define a flexible solution, aligned to the current and coming realities of market structure reporting and analytics. We have all of pieces in place to deliver an efficient and robust stream of solutions to the entire marketplace,” continued Flatley.

David Weisberger has been named Managing Director and Head of Market Structure Analysis for RegOne Solutions. “This acquisition is a key step towards achieving the mission that we have established for RegOne of transforming best execution reporting from a “Pass / Fail” compliance requirement into a strategic tool for improving investment performance,” said Weisberger. “TAG has developed several innovative products and services, and the ability to integrate these into our new platform is very exciting,” concluded Weisberger.

About CoreOne Technologies
CoreOne Technologies develops technology enabled service businesses, delivering powerful solutions to firms operating in capital markets. CoreOne targets growth opportunities as firms implement their post credit crisis operating models. Executing its strategy through a mix of technologies acquired from leading financial institutions, coupled with its internally developed frameworks, CoreOne delivers proven capabilities in a hosted fashion, through its cutting-edge divisions PrimeOne, VistaOne, DeltaOne and RegOne Solutions.

Headquartered in New York, CoreOne serves over 500 financial institutions throughout its worldwide locations.

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SOURCE CoreOne Technologies

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