Photo: sdx15 / Shutterstock
Capital.com adds Scila's trade surveillance, anti-money laundering and risk management technology to enhance global trade monitoring
London, 9 March 2023— Scila AB, the Stockholm-based leading independent provider of trade surveillance, anti-money laundering and risk management technology has announced that it has been selected by Capital.com to deliver a multi-asset class trade surveillance solution for global monitoring of trading activities.
Scila provides Capital.com with a powerful and flexible trade surveillance solution which is deployed at customer sites in more than 20 countries around the globe, including market participants, exchanges and regulators.
The Scila Surveillance solution includes a broad selection of alert rules and reports, a powerful search and replay functionality as well as trading analytics tools. The system utilizes advanced machine learning capabilities to classify alerts and e-communication such as chats, emails and voice recordings.
“We are pleased to announce this new partnership with one of Europe’s fastest growing trading platforms - Capital.com. Scila delivers a platform that is flexible, scalable and can deal with massive amounts of data, making it a natural match for customers that operate in a global dynamic trading environment”, says Lars Gräns Rodhe, Chief Commercial Officer at Scila AB.
“At Capital, we are committed to ensuring our tech-first approach to trading is always in step with the highest standards of risk management requirements and regulatory obligations. We are constantly enhancing and improving our systems and processes so that we always respond and react quickly to our client's needs and wider external changes. We are proud to partner Scila, a market leader in the provision of real-time surveillance technology, to further support us in our drive to quickly detect and prevent potential cases of market abuse,” says Kypros Zoumidou, Chief Commercial Officer, Capital.com.