Paris, France 25 April 2018, b-next, the specialist provider of capital markets compliance solutions, will showcase its advances in blockchain surveillance, as well as its latest Artificial Intelligence (AI) and behavioural analytics capabilities at Tradetech 2018.
b-next’s capabilities have been strengthened through recent partnerships with Whitestream, the blockchain rating business and Catelas, the relationship forensics and behavioural content business.
The collaboration with Whitestream is aimed at tackling crypto-currency fraud and monitoring market abuse on the blockchain. This is achieved by generating alerts on trading frequencies, holding periods and watchlist/restricted lists. A rating engine also helps market participants to identify the most reliable entities on the blockchain. A unique algorithm analyses traffic to map the bitcoin network and find blockchain “safe” areas, protecting participants from market abuse.
b-next’s partnership with Catelas delivers a comprehensive, holistic trade surveillance solution. Its advanced algorithms blend relationship analytics and behavioural science to present compliance officers with an unprecedented view into how business is conducted. The integrated solution helps compliance officers to visualise communications, information barriers, control rooms, watch list networks, and chat rooms, automatically. This helps compliance officers to identify high-level risks quickly.
b-next CEO, Wolfgang Fabisch commented, “b-next is proud to sponsor Tradetech for a second successive year. A lack of regulation or standards leaves the blockchain exposed to fraud. Our blockchain surveillance includes a blockchain rating engine and analysis capabilities which will help protect participants from market abuse. Our AI and behavioural analytics capabilities have also been strengthened through our partnerships with Catelas and Whitestream, enabling b-next to offer a truly holistic surveillance solution.”
Wolfgang Fabisch will be participating in a panel discussion at Tradetech 2018 on day two of the event (Thursday 26th April from 12.50-13.25). The topic for the panel discussion will be: How to monitor your trade data accurately under MiFID II requirements and effectively report market abuse.
b-next’s experts will also be available at booth number 65 during Tradetech 2018, to discuss blockchain surveillance, AI and behavioural analytics.
b-next is a specialist provider of proven multi-venue, multi-asset class, Capital Markets Surveillance and Compliance software solutions to meet regulatory mandates, manage risk and drive trading efficiencies. The b-next Capital Markets Compliance (CMC:Suite) solution is a single integrated compliance platform for detection of Market Abuse, Insider Trading, Conflicts of Interest, Derivatives/OTC Monitoring, Best Execution reporting and monitoring of trading activity.
b-next provides clients with options for an onsite or Thomson Reuters Elektron hosted solution. Both offer rapid deployments with pre-built integration for Thomson Reuters Market Data and low monthly investments.
Catelas is a leading Holistic eComms Surveillance solution providing both buy side and sell side firms with a demonstrably defensible surveillance process, helping firms protect their reputations with the market and with regulators. The Catelas Policy Library combines relationship forensics, behavioural analytics and content analytics, within a machine learning framework, to uncover risks such as insider dealing, fraud, conflicts, market manipulation and insider risk. Catelas is used for Legal (Early Case Intelligence & Identification), Financial Services Compliance (eComms Surveillance & Investigation), FCPA/ABAC Compliance (3rd party Control & Risk Oversight) and Information Security (Monitoring & Investigations). For more information, visit www.catelas.com
Whitestream ranks the most reliable entities on the blockchain in order to create a much safer environment for bitcoin users. For more information, visit https://whitestream.io