Gemini Selects Eventus for Surveillance

Cryptocurrency exchange and custody provider Gemini Trust, has selected Eventus Systems’ Validus platform for the exchange’s new trade surveillance solution. The signing marks the sixth exchange in the digital asset space to turn to Eventus for trade surveillance. Gemini has adopted the cloud-based version of Validus on a T+1 basis for market surveillance that identifies […]
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SteelEye, Margin Reform, Partner

Compliance and data analytics firm SteelEye has announced a partnership with consultancy firm Margin Reform to support the latter’s clients with compliance and regulatory reporting solutions, through the provision of SteelEye’s RegTech suite to help them address the challenges of the evolving regulatory landscape. SteelEye’s reporting suite captures, cleanses, validates, and enriches client data in real-time and automates large parts of […]
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FMSB Investigates Role of Machine Learning in Market Surveillance

The FICC Market Standards Board (FMSB), has published its latest Spotlight Review, which looks at the impact of machine learning on market surveillance functions as part of the broader challenges facing institutions as they establish oversight frameworks. It argues, “Machine learning could lead to fundamental changes in market surveillance given its ability to process complex, […]
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Mrkts Teams Up with OSL

Order and execution management system (OEMS) provider Mrkts has teamed up with Asian digital asset platform OSL to launch two services, OSL Exchange and OSL intelligent request for quote (iRFQ). The two services connect directly into Mrkts, which is TradingScreen’s OEMS and allows institutional investors to price, buy and sell the top digital assets by […]
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Virtu Releases New TCA for FX Algos

Virtu Financial today announces the expansion of its global TCA offering with the launch of a new analytics product dedicated to FX algorithmic execution. As consumers of its own products, Virtu says it incorporates firsthand learning into its analytics tools that are designed to assist clients in analysing their trading decisions. Drawing on its scale, […]
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Guild Exits HSBC, Establishes Consultancy Firm

Allan Guild has left HSBC after six years, most latterly he was global head of FX and commodities execution in the bank’s Global Banking and Markets Division. During his time at HSBC, Guild was also COO of the FX options business, global head of the middle office as well as of HSBC’s FX and commodities […]
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Nice Actimize Unveils Surveil-X Conduct

In an effort to reduce what it terms “the growing risks associated with employee misconduct and market abuse in this current environment”, Nice Actimize has announced the launch of Surveil-X Conduct, a package of machine learning-based applications which the firm says helps financial services organisations assess, manage and mitigate a broad range of conduct risks across the enterprise, […]
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Markts, XTRD, Partner for Crypto Access

TradingScreen’s Markts subsidiary has partnered with digital assets connectivity provider XTRD to enable end-users to connect to an additional set of crypto exchanges on the Markts order and execution management system. This integration will enable connectivity to a further 20-plus exchanges, the firms say and expand the list of venues enabled on the Markts platform. […]
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BestX Adds Equities to Product Suite

State Street’s BestX has expanded its execution analytics software and launched a post-trade transaction cost analysis (TCA) module for equity markets. Covering global stock markets, the new functionality provides clients with benefits of the BestX Web interface alongside flexible data analysis, report configuration and generation. “We responded to our clients’ needs by expanding BestX to […]
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Sucden Adds TY3 Connectivity

Sucden Financial has launched its TY3 (Tokyo) matching engine, in conjunction with FlexTrade Systems. The new matching engine targets Asia-Pacific clients, providing a reduction in cross-region latency and an overall enhanced experience, with improvements to liquidity and price discovery during Asia trading hours. Combined with Sucden Financial’s established NY4 and LD4 infrastructure, the addition of […]
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