Shenkman Capital picks TRAction 26 March 2025US Reporter: Clelia Frondaroli
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Shenkman Capital has selected TRAction to maintain compliance with the Australian Investments & Securities Commission (ASIC) OTC derivatives reporting regulations.
TRAction's trade reporting solution is said to simplify Shenkman Capital's trade reporting processes, enabling the firm to channel resources into other business functions.
Shenkman Capital also says that the collaboration will ensure continued compliance with all industry reporting standards.
"With the support of TRAction’s services, the collaboration will enable Shenkman Capital to allocate more resources towards their services, whilst seamlessly maintaining compliance under the ASIC reporting regime," says Quinn Perrott, co-CEO at TRAction.
Daniel Mangiero, chief operating officer of Shenkman Capital, adds: "Shenkman Capital is pleased to collaborate with TRAction, utilising their expertise in regulatory technology to meet its trade reporting requirements."
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