![TRAction 10 years timeline](https://tractionfintech.com/wp-content/uploads/10-years-of-TRAction-1-1024x535.png)
This year, we are celebrating a significant milestone – 10 years of TRAction! Over this past decade, we’ve built strong partnerships and enhanced integrations, achieved regulatory compliance across multiple regimes, and simplified the trade reporting process for over 800 firms.
TRAction’s objective over the past 10 years has been to simplify processes for our clients, and to help them stay ahead of evolving industry standards and reporting requirements. Our success has been a direct result of the hard work and commitment from our team, and the loyalty and partnership of our clients. Our objective remains the same moving forward – constantly striving to simplify and improve.
To commemorate the past 10 years, we’ve put together a timeline that highlights some of the key milestones that have shaped TRAction’s journey. Take a look at how TRAction has evolved, and become a key player in the trade reporting industry!
2015
TRAction was established by Sophie Gerber and Quinn Perrott
![TRAction old logo](https://tractionfintech.com/wp-content/uploads/Transparent-1024x694.png)
2016
Opened European market headquarters in London, and named as one of the world's most innovative RegTech companies by RegTech 100
![](https://tractionfintech.com/wp-content/uploads/SAT39784.jpg)
![](https://tractionfintech.com/wp-content/uploads/IMG_5952.jpg)
2017
Saw a 40% increase in new clients, and held MiFID 2 events in London and Cyprus
![IMG_1543 IMG_1543](https://tractionfintech.com/wp-content/uploads/elementor/thumbs/IMG_1543-scaled-e1737596411784-r0swmhc8bwntpo90oxml73n1vz7tl1e3f8lfccz6o8.jpg)
![20171114_145650 20171114_145650](https://tractionfintech.com/wp-content/uploads/elementor/thumbs/20171114_145650-scaled-e1737596225608-r0swm46ho85t74s4trxt86ylkl0ol9xupfgmmhip3c.jpg)
2018
Launched MiFID II reporting services, and became a finalist at the Finnie Awards for Excellence in Regtech & Establishing Market Presence: Global
![](https://tractionfintech.com/wp-content/uploads/20181114_091544-1024x768.jpg)
![](https://tractionfintech.com/wp-content/uploads/Skype_Picture-1-1024x768.jpeg)
2019
Reported over 7 million transactions daily
![](https://tractionfintech.com/wp-content/uploads/QP-and-RN-1024x683.jpg)
![](https://tractionfintech.com/wp-content/uploads/Web191016-144942-1024x682.jpg)
2020
Added SFTR to its regulatory services, and serviced over 100 clients across Europe and Asia
2021
Added Singapore & Canada reporting, and TRAction rebranded - launched a new logo and website!
![](https://tractionfintech.com/wp-content/uploads/FMLS-GeneralExhibition©KateDarkins-114-1024x683.jpg)
![](https://tractionfintech.com/wp-content/uploads/Final-Original.png)
2022
TRAction's team expanded to 20 people, and was awarded Best RegTech/Reporting solution at the London Summit Awards
![](https://tractionfintech.com/wp-content/uploads/52535207797_4a5c49e6d1_o-e1737597047429.jpg)
![52535282682_16af579762_o 52535282682_16af579762_o](https://tractionfintech.com/wp-content/uploads/elementor/thumbs/52535282682_16af579762_o-r0swnxzd1wm1tux884pjn4koc92iuv9npg2gyv795c.jpg)
2023
Released new Premium and Assured plans, and over 700 firms trust TRAction to report their trades
![](https://tractionfintech.com/wp-content/uploads/IMG_20240619_094426.jpg)
![](https://tractionfintech.com/wp-content/uploads/Screenshot-2024-09-30-220009.png)
2024
EMIR Refit and ASIC/MAS Rewrites go-live, and the TRAction team expands to 40 people
![](https://tractionfintech.com/wp-content/uploads/IMG_20240620_153347-1-e1737597921682.jpg)
![](https://tractionfintech.com/wp-content/uploads/53816202432_9510ee4c32_o-e1737597528394.jpg)