TRAction, a leading provider of trade reporting solutions has joined the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry, in a move that will enable TRAction to support AIMA members’ increasing trade and transaction reporting requirements as regulations continue to be rolled out.

TRAction specialises in regulatory reporting to simplify compliance for asset managers and regularly provides updates on regulatory changes in trade reporting under EMIR, MiFIR/MiFID II, SFTR, Best Execution, ASIC, MAS and other regimes around the world, including new upcoming requirements such as the EMIR Refit, as well as the upcoming ASIC and MAS rewrites. 

As part of its membership, TRAction will participate in regional and global events, committees and working group memberships to support AIMA’s members with their regulatory reporting requirements. TRAction’s membership of AIMA will give members and clients of both organisations access to a wealth of combined experience and expertise, allowing for improved regulatory outcomes for all.

TRAction’s co-CEO, Quinn Perrott, commented:

“At TRAction, we place great importance on engaging in dialogue at industry forums. We understand that staying compliant can be a daunting task, especially with the constantly evolving regulatory landscape. Seeking input from industry members and associations is an essential element of working through regulatory challenges. This collaborative effort benefits everyone by combining experiences to achieve improved compliance and regulatory understanding for all.”

About TRAction

TRAction is a major provider of regulatory reporting solutions globally, with over 400 firms across Europe, UK, Australia, Singapore and Canada already relying on its services.  TRAction is a full service regulatory trade reporting business, with the following core services: 1. Data extraction and conversion to the trade repository format. 2. On-boarding and submission of trades to an approved trade repository or Approved Reporting Mechanism (ARM) and 3. Understanding the trade reporting rules and how they practically apply for firms. 

Learn more at https://www.tractionfintech.com

About AIMA

The Alternative Investment Management Association (AIMA) is the global representative of the alternative investment industry, with around 2,100 corporate members in over 60 countries. AIMA’s fund manager members collectively manage more than $2.5 trillion in hedge fund and private credit assets.

AIMA draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programs and sound practice guides. AIMA works to raise media and public awareness of the value of the industry.

AIMA is committed to developing skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the first and only specialized educational standard for alternative investment specialists. AIMA is governed by its Council (Board of Directors).

Learn more at https://www.aima.org