Herford, Germany 18th October 2015. b-next, a specialist provider of capital markets compliance solutions, today announced the addition of enhanced MAR (Market Abuse Regulation) ready functionality to its CMC:Suite of market manipulation monitoring software. The additional functionality will help banks, brokers, exchanges, and buy-side market participants in Europe and particularly in the DACH (Germany, Austria and Switzerland) region, to prepare for and comply with new MAR regulations that will come into force on 3rd July 2016.
The CMC:Suite solution, which is powered by Thomson Reuters content, now includes enhanced functionality and market manipulation monitoring capability for the following areas:
- Insider compliance
- Conflict of interest detection
- Algorithm / High frequency trading
- Quote monitoring
- Order monitoring
- Monitoring across all assets and across all markets
- Benchmark monitoring
- Monitoring Dark Pools
As compliance becomes more onerous, the enhanced functionality in CMC:Suite is b-next’s response to the growing challenges and increased levels of compliance required by the new MAR regulations.