Ancoa Named Best Market Surveillance Product at the 2016 Operational Risk Awards

Ancoa Named Best Market Surveillance Product at the 2016 Operational Risk Awards
15.06.2016 08:45 am

Ancoa Named Best Market Surveillance Product at the 2016 Operational Risk Awards


Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, has been awarded ‘Best Market Surveillance Product’ at the 2016 Operational Risk Awards. Ancoa was selected for its ability to demonstrate “real-time surveillance capabilities for both internal and external obligations, including pattern-recognition software and case-building capabilities.”

The annual Operational Risk Awards honour excellence in operational risk management, regulation and risk management service provision; the vendor categories have been judged by a carefully selected panel of operational risk practitioners and other industry experts.

Stefan Hendrickx, Founder and Executive Director, Ancoa, said: “We are thrilled to be awarded ‘Best Market Surveillance Product’ for this year’s OpRisk awards. With the Market Abuse Regulation coming into force in less than a month, the focus for both regulators and businesses is on compliance with surveillance obligations. More than ever before, trading firms are under intense scrutiny to prove they have adequate surveillance systems in place, to detect and deal with potential market manipulation.”

He added: “This is a great recognition for our team, who have worked tirelessly to ensure that our market surveillance capabilities are fit for purpose and we know that market participants can fulfil their surveillance obligations with confidence by using the Ancoa platform.”

Related News

Nine in 10 Financial IT Leaders Say The Very Survival of Their Firms Depends on Digitalisation in the Next Two Years

 Mendix, a Siemens business and the global leader in enterprise low-code, released a survey showing that, despite being one... Read more »

ConsenSys Codefi Announces Ethereum 2.0 Staking Pilot Program with Six Members

ConsenSys Codefi is launching an Ethereum 2.0 staking-as-a-service platform with institutional functionality for... Read more »

Banking Circle adds USD Amazon collections for its marketplace customers

Banking Circle, the innovative financial infrastructure provider, has enhanced the tools available to Payments businesses for their marketplace customers. Payments businesses... Read more »

Forecast by Robocash Group: 5G will boost financial inclusion in emerging markets in Asia

Driving improvements in the digital space, 5G has accelerated financial inclusion in emerging markets in Asia. Analysts of the financial holding ... Read more »

Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel