CHICAGO, December 18th, 2017 – InfoReach has added a Compliance Module to its Buy-Side OEMS Trade Management System (TMS). The new module provides an improved workflow with centralized compliance rule management and testing. It comes with a state-of-the-art tool for building basic and complex rules to cover all the regulatory and risk control needs. Evaluation of compliance rules is automated when parent orders enter the system, can be invoked at any stage of the trading cycle, and is also incorporated into the ‘what-if’ analysis. Rules can operate on a variety of data sets including:
- position data
- parent and child orders
- sell-short locate
- restricted trading data
- pluggable custom data sources
A complete audit history tracks all the changes to the rules, rule testing and verification, all rule evaluations and overrides.
CTO Vitaly Shatsky describes the new module and the motivation for its development, “Our new high-performance compliance rule engine can handle large volumes of trades, compliance rules, and accounts. The compliance module greatly contributes to enabling our clients being compliant with regulations like MiFID II”.
About InfoReach
InfoReach is an independent provider of multi-asset broker-neutral software solutions for electronic trading, including OMS and EMS platforms for global equities, futures, options, forex and fixed income. InfoReach team delivers high-performance technology with high-touch support. The buy-side and sell-side client systems are tailored to accommodate current and future needs. They are configurable to deliver unique adaptations without adding development time and costs.
For more than 20 years, InfoReach has helped clients to improve their trade execution process and performance with efficient design and support of consolidated trading tools and global connectivity network.
InfoReach is a privately-held company headquartered in Chicago, with offices in New York and Amsterdam. For more information, visit www.inforeachinc.com.
Media Contact:
Nick Halvorsen, InfoReach Inc.
312 332-7740 ext2018
nick.halvorsen@inforeachinc.com