Webb Traders Integrates Itiviti's Market Abuse Regulation Module
- Webb Traders has leaned on Itiviti Analyst MAR to bolster its compliance efforts ahead of a fresh round of EU regulation.
Itiviti, a capital markets technology provider has had its Market Abuse Regulation (MAR) utility integrated by Amsterdam-based proprietary trading, Webb Traders, per a recent Itiviti statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Webb Traders’ decision to onboard Itiviti’s Analyst MAR represents an attempt to help solidify its compliance and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term measures ahead of a new tranche of European Market Abuse Regulation on July 3, as well as the upcoming MiFID II regulation – presently, the passage of the landmark legislation will be passed in January 2017.
Webb Traders will utilize Itiviti’s Analyst MAR across all asset classes, helping promote MAR as well as fostering a host of different functions. These include, among others, real-time monitoring, reporting of orders, trades and quotes on equities, exchange-traded-funds (ETFs), futures and options.
Itiviti Analyst MAR is one of the company’s flagship offerings in the risk management and compliance space. Itiviti Analyst caters specifically to companies and venues eying MiFID II compliance modules, which emphasizes best execution analysis, algorithmic trading monitoring, and market maker.
According to Marco van den Berg, Managing Director, WEBB Traders, in a recent statement on the partnership: “As a long-term partner and Itiviti trading technology user, we are impressed with the investments Itiviti has made in the compliance and monitoring area.”
“Itiviti Analyst MAR was a straightforward choice as it offers a future proof solution with easy integration and smooth deployment. Looking ahead, we are confident regarding the Itiviti Analyst roadmap. This technology will make available the tools required by our business for both MAR and MiFID II compliance, essential for a trading company like WEBB where compliance has become an important part of our business,” he added.
“There is clearly a strong demand for system agnostic solutions in this area that help ease the growing regulatory burden on our clients, and that reduce integration efforts required to provide multi-asset compliance,” reiterated Lee Griggs, President – Europe, Middle East, and Africa (EMEA), Itiviti, in an accompanying statement.
Itiviti made headlines last month after it partnered with the Canadian Securities Exchange (CSE) to implement a test automation solution.
Itiviti, a capital markets technology provider has had its Market Abuse Regulation (MAR) utility integrated by Amsterdam-based proprietary trading, Webb Traders, per a recent Itiviti statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Webb Traders’ decision to onboard Itiviti’s Analyst MAR represents an attempt to help solidify its compliance and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term measures ahead of a new tranche of European Market Abuse Regulation on July 3, as well as the upcoming MiFID II regulation – presently, the passage of the landmark legislation will be passed in January 2017.
Webb Traders will utilize Itiviti’s Analyst MAR across all asset classes, helping promote MAR as well as fostering a host of different functions. These include, among others, real-time monitoring, reporting of orders, trades and quotes on equities, exchange-traded-funds (ETFs), futures and options.
Itiviti Analyst MAR is one of the company’s flagship offerings in the risk management and compliance space. Itiviti Analyst caters specifically to companies and venues eying MiFID II compliance modules, which emphasizes best execution analysis, algorithmic trading monitoring, and market maker.
According to Marco van den Berg, Managing Director, WEBB Traders, in a recent statement on the partnership: “As a long-term partner and Itiviti trading technology user, we are impressed with the investments Itiviti has made in the compliance and monitoring area.”
“Itiviti Analyst MAR was a straightforward choice as it offers a future proof solution with easy integration and smooth deployment. Looking ahead, we are confident regarding the Itiviti Analyst roadmap. This technology will make available the tools required by our business for both MAR and MiFID II compliance, essential for a trading company like WEBB where compliance has become an important part of our business,” he added.
“There is clearly a strong demand for system agnostic solutions in this area that help ease the growing regulatory burden on our clients, and that reduce integration efforts required to provide multi-asset compliance,” reiterated Lee Griggs, President – Europe, Middle East, and Africa (EMEA), Itiviti, in an accompanying statement.
Itiviti made headlines last month after it partnered with the Canadian Securities Exchange (CSE) to implement a test automation solution.