TranXact
TranXact is a unified operating platform that consolidates OMS, EMS, clearing, custody, confirmation, and accounting data into a single real-time view for front, middle, and back-office teams. It eliminates spreadsheets and manual handoffs, giving COOs instant visibility into trade status, exceptions, and SLA compliance while automatically generating audit evidence. The platform highlights priority exposures, such as a $535.1 million notional at risk, enabling faster, accountable decision-making.
- Financial Technology
- Software Only
- Regulatory & Compliance Technology
Funding
Founders
Founder details are not available yet.
Product
Problem
Trading desks rely on fragmented systems and manual handoffs across front, middle, and back office, causing operational breaks to scatter across spreadsheets, inboxes, and shared drives. Deadlines arrive before teams have answers, exceptions are often caught after the fact rather than live, and audit trails are reconstructed after the fact rather than captured as work unfolds.
Solution
TranXact provides a unified operating platform that connects OMS, EMS, clearing, custody, confirmation, and accounting into one normalized, real-time view. The platform consolidates trade, SSI, custodian, confirmation, income, email, exception, and audit data into a single source of truth, eliminating the need for manual reconciliation. Role-specific views give COOs and managers a control lens showing what is blocked, what is at risk, who owns it, and what evidence is attached. Trades flow seamlessly from execution to settlement without delays or manual chasing, while every action is tracked and every workflow recorded, with reports and audit evidence generated automatically from real-time activity.
Target Audience
Primary users are COOs, operations managers, and front, middle, and back-office teams at asset management firms, pension funds, and trading desks that need real-time visibility into trade workflows and operational risk.
Features
- Real-time consolidation of trade, SSI, custodian, confirmation, income, email, exception, and audit data into a single normalized source of truth
- Role-specific operating views for COO/management showing desk readiness scores, notional at risk, SLA breach rates, and manual touch rates
- Priority trade queue with actionable alerts, including specific blockers such as unaffirmed counterparties, unconfirmed cash funding, and missing custodian confirmations
- Automated audit evidence generation from real-time activity, eliminating after-the-fact reconstruction for compliance
- Workflow tracking that records every action and handoff, enabling accountability and reducing manual chasing between desks