Linear Investments deploys Ancona analytics
26 June 2015 London
Image: Shutterstock
Investment manager Linear Investments has successfully deployed Ancoa’s market surveillance and analytics capabilities for its execution and trading platforms.
With market surveillance being a top priority for regulators, and the new Market Abuse Regulation (MAR) set to come into force in July 2016, the onus is firmly on market participants to detect and deal with potential market manipulation and improve market integrity overall.
Linear Investments has chosen Ancoa to help it take full control of its regulatory obligations across 27 global markets.
Building on Ancoa’s platform and standard regulatory alert library, the Linear Investments deployment includes both bespoke alerting logic and custom data integration with their Order Management System.
Ancoa will provide Linear Investments with a manageable number of alerts, drawing attention to only those scenarios that require further investigation for potential market abuse, and are relevant to their specific business as detailed under MAR.
In addition to covering the core surveillance requirements, Ancoa’s solution includes a suite of business automation processes in the form of reporting, helping Linear Investments’s operations managers gain visibility over the quality and frequency of the alerts received and how these alerts are being internally managed.
Furthermore, with continually evolving market abuse scenarios, Ancoa’s ability to create and deploy new and bespoke alert logic, ensures that Linear Investments is well positioned to meet future regulatory developments.
All bespoke development and data integration was accomplished in a two-week cycle from start to go-live.
Kurt Vandebroek, CEO of Ancoa, said: “We are confident that our contextual approach will give Linear Investments’s compliance team, and by extension their customers, the necessary surveillance tools to detect and deal with market abuse, and help them fulfil their regulatory obligations as well as operational oversight requirements with confidence”.
Jerry Lees, chairman of Linear Investments, added: “We are delighted to have chosen and deployed the Ancoa surveillance capabilities across our trading and execution platforms in a record time of two weeks, thanks to Ancoa’s agile technology team.”
“Ancoa’s platform is easy to deploy, simple to use and provides our trading and compliance teams, as well as our hedge fund clients, with improved visibility over trading behaviours and operations. This empowers us to act swiftly in order to prevent market abuse and benefit from additional business intelligence.”
With market surveillance being a top priority for regulators, and the new Market Abuse Regulation (MAR) set to come into force in July 2016, the onus is firmly on market participants to detect and deal with potential market manipulation and improve market integrity overall.
Linear Investments has chosen Ancoa to help it take full control of its regulatory obligations across 27 global markets.
Building on Ancoa’s platform and standard regulatory alert library, the Linear Investments deployment includes both bespoke alerting logic and custom data integration with their Order Management System.
Ancoa will provide Linear Investments with a manageable number of alerts, drawing attention to only those scenarios that require further investigation for potential market abuse, and are relevant to their specific business as detailed under MAR.
In addition to covering the core surveillance requirements, Ancoa’s solution includes a suite of business automation processes in the form of reporting, helping Linear Investments’s operations managers gain visibility over the quality and frequency of the alerts received and how these alerts are being internally managed.
Furthermore, with continually evolving market abuse scenarios, Ancoa’s ability to create and deploy new and bespoke alert logic, ensures that Linear Investments is well positioned to meet future regulatory developments.
All bespoke development and data integration was accomplished in a two-week cycle from start to go-live.
Kurt Vandebroek, CEO of Ancoa, said: “We are confident that our contextual approach will give Linear Investments’s compliance team, and by extension their customers, the necessary surveillance tools to detect and deal with market abuse, and help them fulfil their regulatory obligations as well as operational oversight requirements with confidence”.
Jerry Lees, chairman of Linear Investments, added: “We are delighted to have chosen and deployed the Ancoa surveillance capabilities across our trading and execution platforms in a record time of two weeks, thanks to Ancoa’s agile technology team.”
“Ancoa’s platform is easy to deploy, simple to use and provides our trading and compliance teams, as well as our hedge fund clients, with improved visibility over trading behaviours and operations. This empowers us to act swiftly in order to prevent market abuse and benefit from additional business intelligence.”
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