19 January 2017
visit http://www.wolterskluwerfs.com

Tibra signs for Redkite surveillance tech

10 September 2012  |  1127 views  |  0 Source: Redkite Financial Markets

Redkite Financial Markets, a specialist provider of market surveillance systems, today announced that principal trading firm and options market maker, Tibra, has selected Redkite Surveillance to ensure compliance monitoring.

The move comes in line with the ESMA guidelines on 'systems and controls in an automated trading environment' in respect of its European operations.

Denis Jackson, regional general manager Europe, Tibra, comments: "Tibra is committed to industry best practice in all trading operations including compliance. Tibra conducted a rigorous due diligence process in order to identify the most appropriate compliance monitoring software suited to our business needs. We are happy to be working with Redkite on this project."

Matthew Coupe, sales director, EMEA, comments: "Principal trading firms such as Tibra now have the requirement for intelligent and efficient market surveillance tools. To this end, Redkite Financial Markets has turned algorithmic trading scenarios on their heads with a solution that reaches out and detects trading anomalies and potentially abusive trading practices in real-time, in the most accurate manner. We are delighted Tibra has selected the Redkite Surveillance compliance monitoring solution." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
14407 views comments | 85 tweets | 101 linkedin
Blockchain impact timeline speeds up, massive cost savings forecastBlockchain impact timeline speeds up, mass...
13387 views comments | 39 tweets | 35 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
11557 views comments | 47 tweets | 40 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
9866 views comments | 30 tweets | 20 linkedin
Swift goes deeper into the blockchainSwift goes deeper into the blockchain
9752 views comments | 30 tweets | 43 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job