BOSTON--(BUSINESS WIRE)--Hyannis Port Research, makers of Riskbot®, today announced the expanded ability of Riskbot® to handle new European compliance requirements MiFID II and MiFIR, which require the heightened pre-trade transparency and controls provided by Riskbot®.
Hyannis Port Research (“HPR”) is the leading provider of advanced market access products including pre-trade risk management and surveillance solutions. Riskbot®, HPR’s flagship product created by the brightest minds in the industry, stops bad trades – including those not compliant with MiFID II and other regulations – in their tracks.
“Having successfully deployed the leading solution in the U.S. and Australia to satisfy associated market access regulations, we are well positioned to deliver effective technology for the European markets,” said Hyannis Port Research CEO Anthony Amicangioli. “This is an exciting time for HPR as we continue to expand both geographically and through a wider array of both software and hardware-based product options to meet the many needs of our expanding client base.”
HPR’s Riskbot® platform provides MiFID II-required features including:
- Running multiple risk and compliance checks across multiple fragmented markets
- Nanosecond accuracy on all time stamping and audit functions
- Fault tolerance and high availability, providing “carrier class” service levels
- Cyber-threat protection with the ability to police network traffic
“Regulations continue to expand and evolve quickly with mounting complexity, leading to an increasing number of firms looking to third party providers to maintain compliant solutions on their behalf,” said HPR’s VP of Risk and Compliance, Brian Germani. “The Riskbot® platform satisfies the challenging requirements imposed by the latest MiFID regulations.”
ABOUT HYANNIS PORT RESEARCH
Founded in 2011, Hyannis Port Research is an innovative manufacturer of high performance Real-Time Risk Management and Market Gateway solutions for U.S. equities and other markets. Their multi-disciplinary team uses a unique cross-section of skills to play a critical role in defining state-of-the-art technology for the financial industry. For more information, please go to www.hyannisportresearch.com.