Smarts Group signs three year extension contract to provide their SMARTS® Integrity Platform to the Nordic and Baltic markets.

London - 14 February 2007

Smarts Group, the world leaders in real-time market surveillance and operational control for exchanges, regulators and brokers, and Oslo Børs, the central surveillance System Centre in the Nordic region, have signed a contract to provide software and support services for Oslo Børs and OMX Exchanges over the next three years. This continues the long term relationship between Smarts, Oslo Børs and the other exchanges within the region. The agreement includes delivering enhanced market integrity for equities, bonds, options and futures markets across the Norwegian, Swedish, Danish, Finnish, Icelandic markets. The agreement also extends the solution to the Baltic markets of Riga, Tallinn and Vilnius.

The Nordic and Baltic surveillance cooperation, utilising SMARTS surveillance system as a main tool in the operation of the markets, involves an international shared multi-market alerts factory, equities and options cross market surveillance and outsourced managed data integration and system operation service for the exchanges in the Nordic and Baltic countries.

Sverre Lilleng, Senior Vice President Market Surveillance at Oslo Børs, who introduced SMARTS into Oslo in 1999, heading the surveillance Centre in Oslo, said: “We have a close and effective surveillance Cooperation between the OMX Exchanges and Oslo Børs. Together we hold knowledge and experience of high international standards. The new contract cements and extends the relationship between Oslo Børs and SMARTS, building on the steps the parties have made together in the Nordic region to introduce automated market surveillance.”

Thomas Jones, Director of Smarts Group, said:
“We are delighted with the decision of the Nordic and Baltic exchanges to extend their partnership with the SMARTS Group and commitment to the SMARTS® product. This opportunity enables SMARTS and the exchanges involved to continue their globally leading development of cross-market surveillance in the Nordic region.”

The new contract decision further enhances SMARTS’ position as the leading product for real-time security market surveillance and market control. By market capitalisation and turnover, the Nordic and Baltic markets together are the fourth largest in Europe.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development