STOCKHOLM--(BUSINESS WIRE)--After a long period of thorough evaluation, Swedish firm Remium Nordic has chosen Outsourced Trading Surveillance from Trapets in order to ensure regulatory compliance with the ESMA Guidelines on monitoring trading activities for suspicious market abuse and other types of trading irregularities.
On behalf of Remium, the Outsourced Trading Surveillance team within Trapets will manage the operational surveillance tasks including detection, investigation, and documentation along with the reporting of suspicious market abuse back to Remium for final decision. Implementation, tuning and access to the surveillance system InstantWatch Market is also included in the Outsourced Trading Surveillance service.
“We have experienced a significant increase in interest for our fully outsourced service for trading surveillance due to increased regulatory demands and we are confident that Trapets Outsourced Trading Surveillance is the easiest, most reliable and most cost-efficient way for firms to achieve full regulatory compliance with the ESMA Guidelines regarding their obligation to monitor trading activities”, says Peter Nylén, Head of Outsourced Trading Surveillance at Trapets AB.
“Trapets offering a speedily implemented, outsourced trading surveillance solution is the perfect way for us to remain fully compliant” according to Mattias Malmström, CEO of Remium Nordic AB.
About Trapets AB
Trapets AB is a leading provider of Market/Trading Surveillance, AML and KYC solutions. Professional services range from assistance in implementing compliance monitoring and advanced analytics programs to fully outsourced trading surveillance.
About Remium Nordic AB
Remium is a leading player in the capital market for small and medium-sized companies. Remium offers a full range of capital market services in corporate finance, equity research, equity sales and asset management. Remium is also leading market maker and Certified Advisor on NASDAQ OMX Stockholm.
This information was brought to you by Cision http://news.cision.com