KRM22 deploys market surveillance desktop application Irisium on OpenFin OS

KRM22 deploys market surveillance desktop application Irisium on OpenFin OS
03.04.2019 08:42 am

KRM22 deploys market surveillance desktop application Irisium on OpenFin OS

Investment Management , Risk Management

OpenFin, the capital market’s operating system (OS), today announced that KRM22, the technology and software investment company, with a particular focus on risk management in capital markets, has become the first compliance vendor to deploy on OpenFin’s OS.

The collaboration enables seamless interoperability between Irisium, KRM22’s market surveillance application, and other applications deployed on OpenFin’s OS giving end-users an integrated desktop, improved workflows and an enhanced user experience to manage their market surveillance obligations.

Irisium provides contextual and insightful analytics tools to help financial services firms identify and manage potential risks including market abuse, fraud and operational issues. In building their market surveillance service on OpenFin, KRM22 can provide clients with a more efficient set-up process and the continuous delivery of service enhancements to end-users. This removes the need to develop an operational layer and the associated technology overheads.

As interoperability is standard for all applications built on OpenFin OS, Irisium will be able to easily share and receive information from other independent and permissioned desktop apps. This will enable trade, communication and behavioural data to be incorporated, so firms can more effectively manage the risk of manipulation across markets, functions and asset classes.

Saeed Patel, Director of Product Strategy, KRM22, said: “Making Irisium available through the OpenFin framework will allow us to efficiently deliver continuous service enhancements to end users without large overheads. Our customers including banks, brokers and asset managers, will benefit from the enhanced user experience with the strong security they require.”

Adam Toms, CEO, OpenFin Europe added: “We are delighted to welcome KRM22 as the first compliance vendor to join our growing ecosystem as we look to expand our industry collaborations in the governance, risk and compliance space over the coming months.  KRM22 will be able to seamlessly deploy their Irisium application with an engaging user experience and ability to create new workflows driving new levels of productivity for compliance officers.”

Related News

Siebert Financial Corp. teams up with InvestCloud to lead digital transformation

Siebert, a leading national broker-dealer and provider of financial services, has appointed InvestCloud to design and implement its complete digital transformation.

Read more »

3K Investment Partners selected Axia to advance its Fund & Asset Management operations

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds... Read more »

Koine signs international Joint Venture to deliver post-trade solutions to traditional exchanges and digital securities trading venues

Koine, the provider of segregated, institutional custody and settlement services for digital assets, has announced a joint... Read more »

Colt delivers best-in-market latencies on critical European PrizmNet routes and next-generation Arista 7130 ultra-low-latency switches

Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced further... Read more »

Capital Platform Launch new and improved Investment Platform for High Net Worth & Sophisticated Investors

In the current climate with many working from home, Investors across the UK and Globally have their own investment needs. These needs are best met by products and services... Read more »

SimCorp builds on the ground presence in South Africa

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces its entry into the South African market,... 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