Compliance on the rise as FBR installs Mantas

Friedman, Billings, Ramsey Group (FBR), the Arlington, VA-based investment bank with a large in-house asset management operation with roughly $2.6 billion under management, is rolling out a new compliance system from Mantas across its equities group.

The product, Mantas Trading Compliance Solution, uses pattern recognition techniques to monitor trading activities and identify anomalous behaviour.

Mantas, based in Herndon-VA, claims that there is an increased demand for compliance technology f

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