Apama® Solution Offers Single View, Analytics of Risk, Events, Processes and Trades
The corrected release reads:
PROGRESS APAMA MARKET SURVEILLANCE AND MONITORING SOLUTION ADDS ESMA REGULATORY COMPLIANCE
Apama® Solution Offers Single View, Analytics of Risk, Events, Processes and Trades
The Apama Market Surveillance and Monitoring solution offers an
integrated, real-time view of external and internal events and
processes, supporting the end-to-end surveillance, monitoring and risk
management activities required by ESMA, Dodd-Frank, the Securities and
Exchange Board of
With unique visibility into every trade and innovative analytics capabilities, the Apama Market Surveillance and Monitoring solution includes a highly customizable and interactive dashboard, which enables users to dig deep into events, collaborate instantly to find the root cause of problems, and react immediately to mitigate their risk. The solution also includes built-in investigative tools, case management and audit trails to help firms meet internal compliance and regulatory requirements for reporting.
The Apama Market Surveillance and Monitoring solution includes the capabilities necessary to allow the user to meet the following ESMA-specific requirements:
- Monitor electronic trading platforms in real-time (in addition to end of day merge and replay, for example OTC products)
- Issue prioritized alerts when there are problems with electronic trading systems
- Automatically block or cancel orders outside pre-set price or size
- Block unauthorized trades or traders
- Flag behavior signaling potential market abuse
Out-of-the-box monitoring rules enable financial institutions to unify their view of trading activities alongside internal and external events; giving them the ability to see, analyze, alert, and respond to events as they happen. This enables financial institutions to rapidly deploy a fully compliant monitoring solution.
Dr.
The leading platform for high velocity Capital Markets applications, the
Progress Apama platform is a comprehensive Complex Event Processing
(CEP)-based system for building sophisticated multi-asset applications
for low latency trading, risk and compliance. With its combination of
development ease and deployment power, the Apama platform is unmatched
in the industry and is deployed by leading international financial firms
including ICAP,
About
Follow
jstewart@progress.com
or
progress@lewispr.com
or
rharnden@progress.com
or
jon.brigden@lewispr.com
Source:
News Provided by Acquire Media