- Real-Time Supervisory Tool Further Enhancing Trading Compliance and
Risk Management -
- Fully Automates Post-Trade Surveillance, Compliance and Reporting
Workflow -
NEW YORK--(BUSINESS WIRE)--Feb. 14, 2012--
NYSE Technologies, the commercial technology unit of NYSE Euronext
(NYX), today announced the U.S. launch of its new post-trade monitoring
tool, Trade Exception Radar. The product, hosted in the NYSE
Technologies U.S. Liquidity Center in Mahwah, is designed to offer fully
automated surveillance and compliance capabilities across asset classes.
Trade Exception Radar provides real-time performance with a complete
audit trail. It helps firms collect and analyze trading patterns, detect
and identify potential trading issues, and monitor trading patterns in
real-time.
The Trade Exception Radar provides comprehensive post-trade monitoring
capabilities alongside a fully automated workflow that tracks trading
patterns in real-time with detailed compliance and regulatory reporting.
The tool also features an audit trail that includes surveillance of
executed trades to alerting, escalation, resolution, and reporting all
in sync with regulatory compliance. In addition, the Trader Exception
Radar has the ability to interface with multiple Order Management
Systems (OMSs) and provide real-time ID and alerting of trade exception
problems.
“The Trade Exception Radar is a key piece of our full risk protection
suite, which covers all aspects of trading controls from pre-trade to
at-trade, and now to post-trade,” said Dan Romanelli, Vice President,
NYSE Technologies. “This ultra-low latency trading tool simplifies the
compliance, surveillance, and reporting process by allowing firms to
manage all these different components in one fully integrated product.
Through our risk management suite, firms will now have the security of
an all-inclusive monitoring and compliance solution that will allow them
to focus more on their core business while maintaining regulatory best
practices.”
The Trade Exception Radar is a part of NYSE Technologies’ comprehensive
suite of trade monitoring solutions which also includes the Risk
Management Gateway (RMG), a high throughput, low-latency routing and
risk management engine with detailed risk checks and reporting
capabilities. With this new product, NYSE Technologies now offers a
turn-key risk protection suite available through the Capital Markets
Community Platform that covers the full order execution cycle.
About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies provides broadly
accessible, comprehensive connectivity and transaction capabilities,
data and infrastructure services, and managed solutions for a range of
customers requiring next-generation performance and expertise for
mission critical and value-added trading services. NYSE Technologies
offers a diverse array of products, services and solutions to: the Buy
Side, including order routing, liquidity discovery and access to a
community of over 630 Broker-Dealers and execution destinations
globally; the Sell Side, including high performance, end-to-end
messaging software and innovative market data products delivered on the
world’s largest, most reliable financial transaction network; and Market
Venues and Exchanges, including multi-asset exchange platform services,
managed services and expert consultancy. With offices across the U.S.,
Europe, and Asia, NYSE Technologies offers advanced integrated solutions
for the global capital markets community, earning the ability to power
trading operations for many of the world’s best financial institutions
and exchanges. For additional information visit: http://nysetechnologies.nyx.com
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements include,
but are not limited to, statements concerning NYSE Euronext’s plans,
objectives, expectations and intentions and other statements that are
not historical or current facts. Forward-looking statements are based on
NYSE Euronext’s current expectations and involve risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied in such forward-looking statements. Factors that
could cause NYSE Euronext’s results to differ materially from current
expectations include, but are not limited to: NYSE Euronext’s ability to
implement its strategic initiatives, economic, political and market
conditions and fluctuations, government and industry regulation,
interest rate risk and U.S. and global competition, and other factors
detailed in NYSE Euronext’s reference document for 2009 ("document de
référence") filed with the French Autorité des Marchés Financiers (Filed
on April 22, 2010 under No. D.10-0304), 2009 Annual Report on Form 10-K
and other periodic reports filed with the U.S. Securities and Exchange
Commission or the French Autorité des Marchés Financiers. In addition,
these statements are based on a number of assumptions that are subject
to change. Accordingly, actual results may be materially higher or lower
than those projected. The inclusion of such projections herein should
not be regarded as a representation by NYSE Euronext that the
projections will prove to be correct. This press release speaks only as
of this date. NYSE Euronext disclaims any duty to update the information
herein.
Source: NYSE Euronext
NYSE Euronext
Paola Hernandez, 212-656-2420
phernandez@nyx.com
