23 October 2017
Find out more

MPI wins mutual fund surveillance contract from SEC

16 November 2016  |  1878 views  |  0 Source: MPI

Markov Processes International, Inc., (MPI), a global FinTech provider, today announced that it has been awarded a contract by the U.S. Securities & Exchange Commission (SEC).

The SEC will use MPI’s Stylus Pro software across multiple Divisions as one of the analytical tools used to fulfill its investor protection mission.

The SEC’s selection of MPI’s flagship software platform comes as MPI has seen increased interest globally from asset management regulators for data-driven technology solutions that augment legacy intelligence programs through the innovative application of advanced quantitative analytics. MPI’s investment surveillance tools are also used by fund selectors and institutional consultants to perform due diligence and identify potential red flags in their investment portfolios and platforms, as well as by asset management firms seeking to monitor risk exposures across their own funds and strategies, and those of their competitors.

Michael Markov, CEO and co-founder of MPI, commented, “We are honored to provide our tools to the SEC for the quantitative analysis of funds in support of their mission.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.com Register now

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15213 views comments | 17 tweets | 29 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13526 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9953 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9918 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8922 views comments | 9 tweets | 18 linkedin

Featured job

Find your next job