Multi-licensed online brokerage group Capital.com has selected Scila Surveillance for monitoring of its trading activities, provided by the Stockholm-based leading surveillance, risk and anti-money laundering technology provider Scila AB.
Scila Surveillance is a fully-fledged, Java-based surveillance system that includes a broad selection of alert rules and reports, a powerful search and replay functionality as well as trading analytics tools. The solution caters to multi-asset brokers, trading venues, regulators and compliance departments, offering a one-stop surveillance tool to monitor the entire market and ensure integrity.
Scila Surveillance has been implemented at a number of trading venues – spanning from equities to commodities and derivatives markets, including Alpha Trading Systems, Burgundy, the Chicago Board Options Exchange, the London Metal Exchange, Markit BOAT and NYSE Liffe.
The system will cover the whole spectra of instruments available at Capital.com’s customer sites in more than 20 countries around the globe, utilizing advanced machine learning capabilities to classify alerts and e-communication such as chats, emails and voice recordings.
“We are pleased to announce this new partnership with one of Europe’s fastest growing trading platforms – Capital.com. Scila delivers a platform that is flexible, scalable and can deal with massive amounts of data, making it a natural match for customers that operate in a global dynamic trading environment”, says Lars Gräns Rodhe, Chief Commercial Officer at Scila AB.
“At Capital, we are committed to ensuring our tech-first approach to trading is always in step with the highest standards of risk management requirements and regulatory obligations. We are constantly enhancing and improving our systems and processes so that we always respond and react quickly to our client’s needs and wider external changes. We are proud to partner Scila, a market leader in the provision of real-time surveillance technology, to further support us in our drive to quickly detect and prevent potential cases of market abuse,” added Kypros Zoumidou, Chief Commercial Officer, Capital.com.
Capital.com is a mobile CFD-focused brokerage firm which is operated by Capital Com SV Investments Limited, regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
Also, the firm says that its apps leverage advanced artificial intelligence technologies to deliver trading-related content in a personalized way. Additionally, Capital.com’s team is planning to roll out more advanced new AI features in the near future.
