Axon Stock Exchange Compliance Reporting

Axon, part of TRG Screen, offers a comprehensive suite of tools designed to simplify and automate stock exchange compliance and reporting for financial institutions. The platform addresses the complexities of market data policies, licensing, and reporting obligations through a modular system that includes PEAR, ACT, ADS, ADP, and ACR.

Features

• PEAR (Policies, Explanations, Analytics, Repository)
  • Searchable database of global exchange policies and pricing
  • Covers over 250 markets and monitors 700+ documents daily
  • Document comparison and historical policy tracking
  • Cost analysis tools and license management features
  • API access for integration with other systems
• ACT (Application Compliance Tool)
  • Customizable workflow tool for onboarding and recertification of market data applications
  • Automated scheduling and reminders
  • Dashboard for full oversight of application compliance
  • Integration with PEAR for policy and pricing updates
• ADS (Axon Declaration Service)
  • Outsourced solution for exchange and vendor reporting
  • Automated declaration preparation using client-specific rules
  • Monthly reporting dashboard and metrics
  • Supports multiple data formats (Solar, VRXML, CSV)
• ADP (Axon Declaration Portal)
  • White-label online portal for vendors and exchanges
  • Centralized view of declarations and trend analysis
  • Auditable reporting process
  • Streamlined data collection and submission
• ACR (Axon Compliance Review)
  • Full review of licensing and reporting requirements
  • Identifies inconsistencies and cost-saving opportunities
  • Populates data into PEAR and ACT for unified management
  • Provides remediation advice and compliance transparency

Capabilities

• Automates compliance workflows across applications and data usage
• Centralizes and standardizes exchange policy interpretation
• Enables proactive management of licensing and reporting obligations
• Supports audit readiness with transparent and traceable reporting
• Integrates with spend management platforms for holistic oversight
• Offers customizable tools tailored to firm-specific workflows and data structures

Benefits

• Risk Reduction: Minimizes compliance risk through automation and expert-curated data
• Efficiency Gains: Reduces manual effort in reporting and policy tracking
• Cost Savings: Identifies netting opportunities and fee waivers, saving 6–8% on average
• Audit Confidence: Ensures accurate and compliant declarations with audit-friendly reports
• Scalability: Suitable for Tier 1 banks, hedge funds, and exchanges alike
• Transparency: Provides a complete view of market data environments and obligations