TradAir Launches Live Surveillance and Regulatory Compliance Tool

Friday, 26/06/2015 | 19:40 GMT by Victor Golovtchenko
  • The company’s solution could revolutionize compliance departments at a time when increased scrutiny over the FX industry is likely
TradAir Launches Live Surveillance and Regulatory Compliance Tool

Software providing company TradAir’s has announced that it is launching a new real-time market surveillance and compliance tool. The solution uses elements of big data technology to deliver its proprietary TLA (Total Liquidity Analysis) product which offers an in-depth view of deal flows and market liquidity.

What the product aims to do is to simplify the lives of compliance departments by analyzing data and assisting companies to be prepared for current and upcoming regulatory and reporting regulations.

Real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity

The product is available as a standalone solution or as a module within TradAir’s overall FX trading solution. Commenting on the announcement, the Chairman of TradAir, Clifford Lewis, said, “Clients and regulators tell us that real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity.”

The company has used Google Big Data and Big Query for petabyte data storage and in order to retrieve the necessary data in real-time. The service is designed in HTML5 and will be available for white labeling.

Commenting on the announcement, the Head of TradAir Innovation said, “The service provides to the trading markets large unlimited data storage and sophisticated BI overlays. It now delivers our clients and our clients’ clients the tools they need to proactively monitor markets, optimize flow, and respond to regulatory and compliance demands, with no strain on IT or budgetary resource.”

Last week, TradAir announced that the company had been selected by Bank Leumi for the launch of their new eFX Trading Platform . In the beginning of the year, TradAir unveiled a $15 million equity round with the funding being pledged as growth capital to expand usage of its FX liquidity technology. The company has recently partnered with SolidFX, which connected their ECN to TradAir’s network.

Software providing company TradAir’s has announced that it is launching a new real-time market surveillance and compliance tool. The solution uses elements of big data technology to deliver its proprietary TLA (Total Liquidity Analysis) product which offers an in-depth view of deal flows and market liquidity.

What the product aims to do is to simplify the lives of compliance departments by analyzing data and assisting companies to be prepared for current and upcoming regulatory and reporting regulations.

Real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity

The product is available as a standalone solution or as a module within TradAir’s overall FX trading solution. Commenting on the announcement, the Chairman of TradAir, Clifford Lewis, said, “Clients and regulators tell us that real-time trade data analysis to pro-actively monitor markets and trading behavior is now a necessity.”

The company has used Google Big Data and Big Query for petabyte data storage and in order to retrieve the necessary data in real-time. The service is designed in HTML5 and will be available for white labeling.

Commenting on the announcement, the Head of TradAir Innovation said, “The service provides to the trading markets large unlimited data storage and sophisticated BI overlays. It now delivers our clients and our clients’ clients the tools they need to proactively monitor markets, optimize flow, and respond to regulatory and compliance demands, with no strain on IT or budgetary resource.”

Last week, TradAir announced that the company had been selected by Bank Leumi for the launch of their new eFX Trading Platform . In the beginning of the year, TradAir unveiled a $15 million equity round with the funding being pledged as growth capital to expand usage of its FX liquidity technology. The company has recently partnered with SolidFX, which connected their ECN to TradAir’s network.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
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About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 21 Followers

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