New software for brokers and investment banks combines compliance with performance measurement.
Cinnober has announced the launch of Scila Compliance, its multi-asset surveillance and monitoring solution for brokers and investment banks.
Scila allows for customized reports and alerts for compliance officers, and includes functionality for performance measurement, position monitoring and analysis of high-frequency trading applications. Other modules factor in anti-money laundering compliance, as well as mandatory reporting requirements.
"We think that a great trade surveillance system should do more than just keep you out of trouble," says Javier Tordable, CEO at Cinnober. "You should also be able to leverage the large amount of business data and actually improve your trading operations. Scila Compliance goes beyond enhancing your management of financial and regulatory risks. It also provides a corporate dashboard for benchmarking trading operations and uncovering new business opportunities."
Scila Compliance is part of the same suite of tools as Scila Surveillance, which is used for trade monitoring in nine regulated markets.
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status
Voting now open -- WATERS RANKINGS 2013
Our 11th annual survey is now open and you get the chance to choose your best solutions and technology providers. Waters Rankings 2013 features 26 hotly contested awards - so have your say.
Events
Email Alerts
Latest Whitepapers
Complex, dated and unwieldy data infrastructure is not uncommon among even the most progressive companies in the world of finance. As financial regulations...
With the launch of a new legal entity identifier (LEI) looming, the financial services industry needs to get ready to ensure efficient and timely implementation...
Visitor comments Add your comment