Market Abuse Hong Kong’s SFC requirements

Hong Kong - 7 November 2016

The Technancial Company (TTC) and eBroker Systems (eBroker) today announced the launch of a new joint service which combines the trusted and tested JANUS™ Trade Surveillance platform (JTS) with eBroker’s local expertise in delivering cost effective solutions to a demanding marketplace.

As a result of clear demand for an affordable and credible solution to meet the requirements of Hong Kong’s SFC regarding the avoidance of Market Abuse and Misconduct, eBroker and TTC are offering JANUS™ Trade Surveillance (JTS) as a Software as a Service (SaaS) solution. Since the first Market Abuse Directive, TTC’s JANUS™ Trade Surveillance has been widely used throughout Europe, the first Market Abuse Directive, n nt.US Risk Manager and JANUS Margin Engine as detalied  during the deployment process. In cadelivering effective surveillance of brokerage and trading firms’ activities across multiple markets around the globe.

TTC has combined its expertise in compliance and regulation within the European arena and fused it with their in-depth understanding of Asia. By working with eBroker’s technology delivery and expertise, this solution will be available to banks, brokerages and trading firms alike, helping these organisations conform to regulatory requirements, ensuring compliance. The JANUS™ Trade Surveillance platform (JTS) provides effective surveillance across the various regulatory regimes including US, Europe and Asia. This proven technology has served to protect numerous financial institutions over the past 10 years.

Mirko Marcadella, MD of The Technancial Company (TTC), said: “We are pleased to offer a cost effective SaaS solution to help smaller brokers, trading firms and banks in satisfying their regulatory compliance requirements within the Hong Kong marketplace. By working with eBroker Systems our aim is to bring an affordable and credible utility to regional financial institutions which can underpin everyone’s regulatory compliance needs.”

Catar Liu, Director of Business Development of eBroker Systems, said: “We are delighted to work with The Technancial Company to offer a combination of technology and software expertise. We are confident that the proposed solution is a powerful and attractive proposition.”

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