Baymarkets Separates into Two Independent Firms
- The firm did not reveal the reason for such an important move.

Three previous founders of Baymarkets along with Reg&Tech’s CEO Per Andersson has created the new company Reg&Tech Solutions AB amid separation form Baymarkets. The firm will continue to deliver its solutions in Big Data automation. Its products address the regulatory challenges faced by financial institutions around the globe.
Per Andersson, CEO of Reg&Tech Solutions commented: “The financial markets are rapidly becoming fully electronic, driven by regulations and new enabling technologies.”
Last year, Baymarkets introduced a new Reg&Tech market solution, called Clarity, aiming at banks, brokers, and exchanges. It was introduced to address a number of different regulatory challenges amidst an increasing demand for automated workflows. Moreover, the solution also helps shore up pre and post-trade Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you or will owe you money that is considered an obligation. Different Types of ObligationsBonds, banknotes, and coins are examples of obligations because they assure users that they are accredited with the face value of that item. Obligations play a considerable role in personal finance and should be included in every budget. While every budget is different from one another, individuals can use the Financial Obligation Ratio (FOR) that is published quarterly by the Federal Reserve Board as a good reference point on how to best structure individual budgets. For those in the process of retirement planning, obligations should be scrutinized with a wide scope.These should include typical financial obligations such as mortgage payments and healthcare expenses that may incur. In trading, obligations are dealt in the form of put options and short selling or they may refer to the selling of shares on the next trading day after they were purchased in delivery. When obligations fail to be met and legal proceedings have begun, the severity of the punishment set forth is primarily determined by the terms of the contract although juror and judge intervention may lessen the obligations that must be met to fulfill the contract. In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you or will owe you money that is considered an obligation. Different Types of ObligationsBonds, banknotes, and coins are examples of obligations because they assure users that they are accredited with the face value of that item. Obligations play a considerable role in personal finance and should be included in every budget. While every budget is different from one another, individuals can use the Financial Obligation Ratio (FOR) that is published quarterly by the Federal Reserve Board as a good reference point on how to best structure individual budgets. For those in the process of retirement planning, obligations should be scrutinized with a wide scope.These should include typical financial obligations such as mortgage payments and healthcare expenses that may incur. In trading, obligations are dealt in the form of put options and short selling or they may refer to the selling of shares on the next trading day after they were purchased in delivery. When obligations fail to be met and legal proceedings have begun, the severity of the punishment set forth is primarily determined by the terms of the contract although juror and judge intervention may lessen the obligations that must be met to fulfill the contract. Read this Term across all of the trade lifecycle.
“There is a strong demand for solutions and platforms that automate and streamline the business processes to comply with these new regulations as well as to increase operational efficiency,” Andersson added.
The second company, Baymarkets AS will be led by Tore Klevenberg as its CEO and Peter Fredriksson as Chairman. The firm will continue to provide FinTech solutions to marketplaces and clearing houses and like before, the products will be based on Clara clearing platform.
“I’m looking forward to this new phase in the development of Baymarkets’ clearing and marketplace offering,” Klevenberg said. “The Clara platform has proven to be very efficient at addressing all the demands of a modern clearing solution.”
Three previous founders of Baymarkets along with Reg&Tech’s CEO Per Andersson has created the new company Reg&Tech Solutions AB amid separation form Baymarkets. The firm will continue to deliver its solutions in Big Data automation. Its products address the regulatory challenges faced by financial institutions around the globe.
Per Andersson, CEO of Reg&Tech Solutions commented: “The financial markets are rapidly becoming fully electronic, driven by regulations and new enabling technologies.”
Last year, Baymarkets introduced a new Reg&Tech market solution, called Clarity, aiming at banks, brokers, and exchanges. It was introduced to address a number of different regulatory challenges amidst an increasing demand for automated workflows. Moreover, the solution also helps shore up pre and post-trade Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you or will owe you money that is considered an obligation. Different Types of ObligationsBonds, banknotes, and coins are examples of obligations because they assure users that they are accredited with the face value of that item. Obligations play a considerable role in personal finance and should be included in every budget. While every budget is different from one another, individuals can use the Financial Obligation Ratio (FOR) that is published quarterly by the Federal Reserve Board as a good reference point on how to best structure individual budgets. For those in the process of retirement planning, obligations should be scrutinized with a wide scope.These should include typical financial obligations such as mortgage payments and healthcare expenses that may incur. In trading, obligations are dealt in the form of put options and short selling or they may refer to the selling of shares on the next trading day after they were purchased in delivery. When obligations fail to be met and legal proceedings have begun, the severity of the punishment set forth is primarily determined by the terms of the contract although juror and judge intervention may lessen the obligations that must be met to fulfill the contract. In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you or will owe you money that is considered an obligation. Different Types of ObligationsBonds, banknotes, and coins are examples of obligations because they assure users that they are accredited with the face value of that item. Obligations play a considerable role in personal finance and should be included in every budget. While every budget is different from one another, individuals can use the Financial Obligation Ratio (FOR) that is published quarterly by the Federal Reserve Board as a good reference point on how to best structure individual budgets. For those in the process of retirement planning, obligations should be scrutinized with a wide scope.These should include typical financial obligations such as mortgage payments and healthcare expenses that may incur. In trading, obligations are dealt in the form of put options and short selling or they may refer to the selling of shares on the next trading day after they were purchased in delivery. When obligations fail to be met and legal proceedings have begun, the severity of the punishment set forth is primarily determined by the terms of the contract although juror and judge intervention may lessen the obligations that must be met to fulfill the contract. Read this Term across all of the trade lifecycle.
“There is a strong demand for solutions and platforms that automate and streamline the business processes to comply with these new regulations as well as to increase operational efficiency,” Andersson added.
The second company, Baymarkets AS will be led by Tore Klevenberg as its CEO and Peter Fredriksson as Chairman. The firm will continue to provide FinTech solutions to marketplaces and clearing houses and like before, the products will be based on Clara clearing platform.
“I’m looking forward to this new phase in the development of Baymarkets’ clearing and marketplace offering,” Klevenberg said. “The Clara platform has proven to be very efficient at addressing all the demands of a modern clearing solution.”