KRM22 announced the implementation of its market surveillance product for Capital.com, a European trading and investing platform connected to 3,400+ markets for 2+million clients.
The increasing popularity of online trading platforms has resulted in more intense regulatory scrutiny. In 2020, the number of new users of online trading platforms soared, with as many as 11 million new traders signing up to the most popular websites. Some firms are already pre-empting this focus by putting in place the processes and systems associated with traditional asset classes.
KRM22 Market Surveillance software helps customers monitor their business and manage regulatory obligations. Key software features are transferable from traditional capital markets to the modern fintech industry: cloud hosted real-time processing, an extensive alerts library and integration with market data providers, to name a few.
Dmitry Ogievich, chief operating officer at Europe at Capital.com, said in a statement: “As a fast-growing investment and trading platform, ensuring the integrity of our business and the security of our clients are of utmost importance. As we expand, we will do so in step with the highest levels of risk management, regulation and international best practices.”
Daniel Langley, head of Compliance at KRM22, said in a statement: “We are delighted to add Capital.com to our growing market surveillance community enabling KRM22 to continue to partner with firms to adopt and implement best practices within our industry and regulatory standards for market surveillance and the monitoring of market abuse.”
KRM22 helps capital market companies reduce the cost and complexity of risk management, which expands opportunities to increase portfolio returns by leveraging risk as alpha. The Global Risk Platform provides applications to help address firms’ market, compliance, operations, and technology risk challenges and to manage their entire enterprise risk profile.