Scila Compliance provides investment banks, brokers and other market participants with an easy-to-use tool to ensure they act in accordance with regulations, market rules and internal policies.
Market-specific and custom alerts, tailored reports and integrated case management help make trade surveillance in a complex trading world efficient and straightforward.
But trade surveillance can be more than just compliance with rules and regulations. Mining the vast amount of data collected in a monitoring system can provide valuable input to business development and fine-tuning of services.
With powerful detection and reporting functionality, Scila Compliance helps you monitor trading across fragmented, interconnected markets, asset classes and borders, and makes use of the data to improve your business.
The next generation trade surveillance system
Scila Compliance is continuously updated based on current market regulation and trends. Built-in alert rules detect events or patterns of events that may signal suspicious activity, such money laundering, insider dealing or market manipulation.
It provides a robust trade monitoring program with an intuitive work flow that allows for alerts to be quickly and effectively reviewed. Built-in case management facilitates efficient investigations of suspicious actions and the powerful search engine executes large searches in milliseconds. By using automatically generated reports, it is easy to comply with transaction reporting obligations to authorities. Other benefits include:
- Multi-asset surveillance, including OTC integration and aggregated positions
- Turnkey system delivered with short time-to-market. It is offered either as a fully hosted and managed service or as a licensed installation
- User-friendly and flexible GUI-based tools let you write your own alert rules within a Java framework, and tailor the reports you need
- Intuitive graphic interface with high-level market views, as well as detailed views of activity in specific order books.
Scila Compliance makes it possible to mine the data that you gather continuously: transactions, orders, statistics, cross-market holdings, etc. From this you can construct a “corporate dashboard” giving you an overview of the most important events and trends for monitoring your ongoing operations – for trade surveillance as well as business development. This lets you offer better service, introduce new ones, measure profitability within different segments, and monitor high-frequency trading.