Software AG Launches New Total Surveillance Solution for Financial Institutions

Reston, VA - 6 June 2016

  • Comprehensive surveillance management and compliance monitoring on a single platform
  • Software AG to demonstrate Total Surveillance solution at IDX 2016

Software AG (Frankfurt TecDAX: SOW) announced today the availability of a next generation Total Surveillance solution providing comprehensive monitoring and surveillance for investment banks and other financial institutions. The Total Surveillance solution leverages the combined power of the Apama Streaming Analytics platform and builds on Software AG’s strong heritage and existing capabilities within Market Surveillance. Software AG will be demonstrating the Total Surveillance solution at the FIA IDX 2016 conference and exhibition (Stand 42 at The Brewery, London on 7-8 June).

The Total Surveillance solution incorporates a state of the art user interface designed in collaboration with compliance officers of top tier investment banks and includes updated alerting and reporting in line with the requirements of the new European Market Abuse Regulation (MAR). Also included are enhanced and streamlined workflow and case management functionality coupled with easy-to-use visualization tools that present information in real-time. The solution is also equally-well equipped for other surveillance and monitoring requirements such as best execution, anti-money laundering and pre-trade risk, and thus provides a “Total Surveillance” solution on a single platform.

Dr. Giles Nelson, senior vice president of Product Strategy and Marketing, Software AG, noted: "With regulations such as MAR, REMIT, and MiFID II, investment banks are under increasing pressure to implement far-reaching surveillance across all their trading activity regardless of instrument type, traded market or exchange venue. With its comprehensive and customizable collection of market abuse detection scenarios, broad asset class coverage, and depth of market data and news feed content, Software AG’s Total Surveillance solution meets all the surveillance and compliance requirements of a firm’s trading activity at both a local, multi-region and international level."

A team of unrivaled financial and technology professionals, who have in-depth understanding and insight into market surveillance, supervision and compliance, built Software AG’s Total Surveillance solution from the ground up. They understand the complex issues associated with maintaining market integrity at exchanges, regulators and market participants and have developed systems that both meet the multifaceted requirements of today, and are flexible enough to adapt to future requirements.

The Total Surveillance solution also integrates seamlessly with Software AG’s ARIS business and IT transformation product portfolio, and in particular the ARIS Governance, Risk and Compliance (GRC) Management platform. This enables efficient impact assessment and planning of new regulations and the implementation of processes, controls and monitoring, to ensure continued compliance across all regulatory requirements. Together, this multi-disciplinary approach enables financial institutions to minimize risk and demonstrate a more visible culture of compliance across their enterprises.

Dr. Giles Nelson continued, "In the current regulatory environment, firms have multiple programs of complex legislation, There will inevitably be delays and gaps in compliance, but firms that can effectively demonstrate they have strong control and monitoring systems in place as well as processes that show how they can rectify any gaps, will have a much more satisfactory outcome than discussions about non-compliance."

From award-winning capabilities for market and trade surveillance to advanced, predictive analytics and case management tools that enable firms to proactively conduct surveillance, Software AG provides all the tools necessary to keep surveillance professionals ahead of the sophisticated traders they are watching.

Moreover, Software AG’s Apama harnesses the power of the unique Digital Business Platform – bringing together best-in-class capabilities of Streaming Analytics, Business and IT Transformation, In-Memory Data Management, and Integration – delivering shorter time-to-market, lower total cost-of-ownership, and improved user experience. The result is a highly-flexible, efficient solution with industry standard connectivity protocols capable of handling thousands of millions of transactions every day with low latency.

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