Börse Berlin Deploys Scila Surveillance to Protect Investors

by Finance Magnates Staff
  • Börse Berlin will use the surveillance solution to monitor and prevent market abuse and insider dealing.
Börse Berlin Deploys Scila Surveillance to Protect Investors
Finance Magnates

German Exchange, Börse Berlin, has chosen to implement Scila Surveillance, a powerful and highly flexible real-time market surveillance solution provided by Stockholm-based fintech company Scila.

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Scila Surveillance will be used by Börse Berlin to monitor and prevent market abuse and insider dealing, protecting investors while boosting the confidence in financial markets.

A reliable realtime surveillance of trading is one of the core elements at a regulated market for securities.

Lars-Ivar Sellberg, Executive Chairman and a co-founder at Scila, commented: “Börse Berlin is investing in proven technology deployed at over 30 sites since 2008. By deploying a next generation surveillance system, investors and end clients can remain confident that trading is done in a fair, transparent and orderly way.”

Market Surveillance

Scila provides real-time market surveillance solutions to a range of financial industry firms, including exchanges, regulators and trading firms. Exchanges using Scila technology include Deutsche Börse, New York Stock Exchange , London Stock Exchange and a wide range of regional and specialized market places.

The system is fully compliant with Market Abuse Regulation (MAR) and includes a broad selection of alert rules and reports, powerful search and replay functionality as well as visualization views.

Dr. Jörg Walter, Joint CEO of Börse Berlin, said: “A reliable realtime surveillance of trading is one of the core elements at a regulated market for securities. We trust in Scila Surveillance as the ideal technical support for our experienced market surveillance team. Scila´s Surveillance solution is a well estabablished technical system that will help us to ensure fair and orderly trading at all times in an ever faster trading environment.”

German Exchange, Börse Berlin, has chosen to implement Scila Surveillance, a powerful and highly flexible real-time market surveillance solution provided by Stockholm-based fintech company Scila.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

Scila Surveillance will be used by Börse Berlin to monitor and prevent market abuse and insider dealing, protecting investors while boosting the confidence in financial markets.

A reliable realtime surveillance of trading is one of the core elements at a regulated market for securities.

Lars-Ivar Sellberg, Executive Chairman and a co-founder at Scila, commented: “Börse Berlin is investing in proven technology deployed at over 30 sites since 2008. By deploying a next generation surveillance system, investors and end clients can remain confident that trading is done in a fair, transparent and orderly way.”

Market Surveillance

Scila provides real-time market surveillance solutions to a range of financial industry firms, including exchanges, regulators and trading firms. Exchanges using Scila technology include Deutsche Börse, New York Stock Exchange , London Stock Exchange and a wide range of regional and specialized market places.

The system is fully compliant with Market Abuse Regulation (MAR) and includes a broad selection of alert rules and reports, powerful search and replay functionality as well as visualization views.

Dr. Jörg Walter, Joint CEO of Börse Berlin, said: “A reliable realtime surveillance of trading is one of the core elements at a regulated market for securities. We trust in Scila Surveillance as the ideal technical support for our experienced market surveillance team. Scila´s Surveillance solution is a well estabablished technical system that will help us to ensure fair and orderly trading at all times in an ever faster trading environment.”

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
  • 4221 Articles
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