Fasanara Capital, a leading institutional asset manager, has engaged with TRAction, a premier regulatory technology provider for trade reporting solutions, to enhance their Markets in Financial Instruments Regulation (MiFIR) reporting processes.
This collaboration aims to:
- Alleviate the burden on Fasanara Capital regarding the human and internal resources dedicated to trade reporting;
- Deepen understanding of trade reporting obligations;
- Ensure compliance with reporting requirements and adherence to industry standards.
TRAction, headquartered in London, specialises in regulatory reporting. The company supports a wide array of financial entities including firms, brokers, investment managers, banks, and electricity suppliers in managing their growing daily reporting obligations. TRAction offers comprehensive reporting services under EMIR, MiFID II/MiFIR, SFTR, ASIC, MAS, Canada, and Best Execution for MiFID II and MAS, along with upcoming regulations like EMIR Refit and both the ASIC and MAS rewrites.
Quinn Perrott, co-CEO of TRAction, commented:
“We are pleased to support Fasanara Capital with their MiFIR reporting enhancements. As a prominent player in the field of Fintech Lending and Digital Investing, Fasanara Capital’s decision to partner with us underscores the strength of our service offerings.”
Joanna Garcia, Head of Compliance at Fasanara Capital, stated:
“We have been very impressed with TRAction’s responsiveness, dedication, efficiency, and knowledge. Every team member has been incredibly helpful. Additionally, we found their platform exceptionally user-friendly and the overall process smooth and straightforward. Partnering with TRAction has significantly reduced the time our team spends on reporting tasks, allowing us to focus on our core activities. Moreover, their expert handling of our reporting needs has given us great confidence that all aspects are managed with the highest level of professionalism.”
About TRAction
TRAction is a global leader in regulatory reporting solutions, serving over 700 firms across Europe, the UK, Australia, Singapore, and Canada. The company provides a full suite of trade reporting services including data extraction and conversion to trade repository formats, onboarding and submission of trades to an approved trade repository or Approved Reporting Mechanism (ARM), and insights into practical application of trade reporting rules.
About Fasanara
Fasanara Capital is at the core of a global decentralised network involving 137 fintech loan originators across more than 60 countries, seamlessly integrated into their sophisticated technology platform. Over more than ten years, Fasanara has mapped over 1,250 platforms and performed extensive due diligence on over 400. Fasanara is authorised and regulated by the FCA.
