Exante, which offers access to over 50 global markets, has integrated its trading platform with eflow Global’s TZTS Trade Surveillance system. Announced today (Tuesday), the integration will improve the speed at which financial institutions can implement eflow’s technology.
The partnership came about a month after FinanceMagnates.com reported that scammers had cloned Exante and even duped at least one victim using a JPMorgan account. Exante promptly took action, successfully took down the clone platform, and reported it to the authorities.
Removing the Burden of Data Surveillance
The latest announcement highlighted that the partnership between Exante and eflow will remove the burden of trading data surveillance from clients. In turn, it will accelerate the onboarding process and help clients strengthen their market abuse controls more efficiently.
According to the announcement, the integration will also improve the depth and quality of data available within TZTS.
“Our partnership with EXANTE significantly enhances our market data capabilities, allowing us to provide our clients with deeper insights and more effective compliance solutions,” said Ben Parker, CEO at eflow Global.
“By combining EXANTE’s extensive global market reach with our advanced regulatory technology, we’re creating a more powerful platform for financial firms to meet their compliance obligations while improving their trading operations.”
Catering to a Global Client Base
Meanwhile, Exante is continuing to expand its global reach. Earlier this year, it secured regulatory approval from Poland’s Financial Supervision Authority (KNF), marking its entry into Eastern Europe’s largest financial market.
Eflow, on the other hand, already has a broad global client base. It currently serves over 130 clients from both the buy-side and sell-side across five continents.
“At EXANTE, we believe that speed, precision, and regulatory excellence are non-negotiable in today’s trading landscape,” added Natalia Taft, EXANTE’s Global Head of Compliance. “Partnering with eflow Global allows us to push those standards even higher.”
This article was written by Arnab Shome at www.financemagnates.com.Retail FXRead More
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