Baymarkets Technology Deploys New RegTech Solution, Clarity

The Clarity solution helps venues reconcile upcoming MiFID II requirements.

Baymarkets Technology AB (Baymarkets), a Nordic provider of fintech and regtech solutions for the financial services industry, has deployed its new markets solution, Clarity, which caters to banks, brokers, and exchanges.

Clarity helps address a number of different regulatory challenges amidst an increasing demand for automated workflows. The solution is geared towards institutional players such as banks, exchanges, clearing houses, and trading venues. Moreover, the solution also helps shore up pre- and post-trade obligations across all of the trade lifecycle.

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Baymarkets has also equipped Clarity with two native solutions, including Clarity limit, which helps provide pre-trade limit and risk checking in line with MiFID II regulatory requirements. Additionally, Clarity Hub helps enable firms to send and receive trades to multiple clearing houses via a single FIX interface.

According to recently appointed Per Andersson, Head of Business Development, Baymarkets Technology AB: “With Clarity, our clients’ get a platform that facilitates changes and additions to their workflow without disrupting their existing production systems. It can be used for adding new logic and for integration of existing systems and services to accelerate the time-to-market for compliant services.”

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