Dion and b-next ink distribution deal

Source: Dion Global Solutions

Dion Global Solutions (Dion) (BSE: 526927) and bnext holding AG (b-next) announced today they have entered into an agreement enabling Dion to distribute b-next's trading surveillance solutions, CMC:Suites, across Australia and New Zealand.

Banks, financial institutions and regulators have an ever increasing requirement to manage complex trading surveillance and compliance functions across multiple venues and asset classes. b-next's established and advanced suite of solutions are used by 100 firms globally, including some of Europe's largest financial institutions. The robust CMC multi-asset class, multi-venue, surveillance platform streamlines compliance, while Dion has been providing solutions across the front, middle and back office to the ANZ market for over 25 years. This experience has provided them with a unique insight into the complexities involved across the region.

Wolfgang Fabisch, CEO, b-next says, "Our products provide superior support for financial services firms trade surveillance requirements. We required a partner in APAC with a strong local presence and in-depth knowledge of the region to assist us in taking our products to new markets. For us, Dion was the obvious option and we look forward to the benefits of partnering with them."

"With increased regulatory focus on protecting market participants, trade surveillance is key to providing complete transparency, efficiency and oversight. b-next is a respected leader in this field with their solutions endorsed by many leading global banks. This partnership offers financial institutions across Australia and New Zealand the opportunity to take advantage of a proven solution to address the challenges of complying with surveillance regulations." said Joe Nash, Managing Director - APAC, Dion. 

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