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
Updating your subscription status
Winner's Announced: Sell-Side Technology Awards 2014
The winners of the 2nd annual Sell-Side Technology Awards 2014 were announced in New York on April 15. These awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology. To view the winners across the 24 categories click here.
03 Nov 2014
18 Nov 2014
02 Dec 2014
03 Nov 2014
17 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....