N2N Connect, providers of enterprise-wide integrated trading solutions to stock broking firms and banks in Asia-Pacific and Ancoa, providers of contextual surveillance and insightful analytics for exchanges, regulators, buy and sell-side firms, have signed an OEM agreement to offer Ancoa’s full breadth of surveillance capabilities to N2N’s banking and brokerage clients.

Jointly, Ancoa and N2N Connect bring proven market surveillance capabilities and unrivalled market connectivity and information to market participants in Asia Pacific.

Under the terms of the agreement, Ancoa’s platform will be fully integrated with N2N Connect’s trading solutions, with N2N providing implementation and operational support to their clients. The joint surveillance offering can be either cloud-hosted or deployed on clients’ premises.

Combining Ancoa’s proven surveillance capabilities with N2N Connect’s connectivity and market information enables the Asia Pacific trading community to meet its regulatory and risk requirements efficiently and confidently. Ancoa’s contextual approach to surveillance and N2N Connect’s exchange connectivity, market data and news enables trading participants to overlay historical data, trading data, electronic communications such as email and instant messaging and news, in order to identify and prevent market abuse. Brokers and banks can now better manage their portfolio exposure and margin risk exposure as well as track their open positions by client, stock, dealer or branch.

N2N is a listed company, partially owned by Nikkei and offering a one-stop shop for trading solutions and market information (stock, commodity and FX market data and news) across major markets in Southeast Asia, currently covering Bursa Malaysia, Singapore Stock Exchange, Philippines Stock Exchange, Jakarta Stock Exchange. Recently, N2N also obtained a license for Hong Kong stock exchange and will be adding data and trading services for this leading exchange as well.

Andrew Tiang, Founder and Managing Director, N2N Connect, said: “We see strong demand for market surveillance across Asia; finding the right market surveillance partner for the community of banks and brokers using our trading solutions was a key strategic decision for us. Ancoa’s ability to customise their surveillance and analytics capabilities specific to the requirements of our market, enables us and our clients to play our part in detecting potential market manipulation and contributing towards the running of orderly markets across Asia.”

Kurt Vandebroek, Chief Executive Officer of Ancoa, said: “We are thrilled about our collaboration with N2N Connect. Their large footprint across the AsiaPac capital markets provides us with a great opportunity to demonstrate our contextual market surveillance capabilities to the local banks and broker community. Together, I believe we offer the right solution to equip trading participants with the necessary tools to detect and investigate market abuse, as well as meet their market surveillance requirements with confidence.”