05.25.2016

Flow Traders Selects Corvil to Assure Performance and Compliance of Its Trading Platform

05.25.2016

Corvil.com — IRELAND – Corvil announced that it has been chosen to provide real-time monitoring and analytics for Flow Traders, one of Europe’s highest performing trading firms and a leading global technology-enabled liquidity provider specializing in exchange traded products (“ETPs”). Flow Traders’ decision to integrate Corvil throughout its trading environment comes as the company continues to grow and prepares to meet increasing business demands and upcoming market regulation such as MiFID II.

With Corvil, Flow Traders achieves full transparency into its trading ecosystem, with the ability to continuously monitor and analyze trading activity and system performance in real-time. The Corvil platform automatically identifies all trading sessions and can alert against unusual activity and/or traffic volumes. This level of real-time visibility, together with the ability to create an accurate, time-stamped transaction record, has become essential to safeguarding the health and integrity of the electronic trading business. Such capabilities are now a mandatory requirement demanded by government regulators in upcoming financial markets regulations like MiFID II.

“At Flow Traders we are constantly looking to put in place the best tools and processes to optimize the performance and transparency of our IT systems, while minimizing operational risk,” said Thomas Wolff, Global Head of IT at Flow Traders. “Corvil was the only platform capable of meeting our demands around continuous real-time monitoring and analytics. Corvil offers granular visibility into each step of the trading cycle, helping maintain the integrity of our trading environment, while also providing a foundation for meeting the strict requirements of upcoming regulations like MiFID II.”

Corvil has vast experience supporting the leading players in the world’s Financial Markets. The Corvil analytics platform is used by leading Business and Desk Heads, Compliance and Risk departments, and Security and IT teams, to manage operations of their IT systems and ensure compliance with the latest requirements in the increasingly regulated Electronic Trading industry. By continuously monitoring and analyzing all electronic messages with microsecond synchronized accuracy, Corvil provides the highest level of transaction transparency, record keeping, and alerting that not only meets but surpasses the compliance demands highlighted in the upcoming MiFID II regulation.

“We are entering a new phase in the world of electronic traded markets,” Donal Byrne, CEO of Corvil, said. “Phase one was all about speed and algorithms. Phase two is about cost optimization, risk mitigation, and regulatory compliance. We are delighted Flow Traders selected Corvil for this critical phase. Our platform continues to expand its role and is fast becoming the industry accepted benchmark for safeguarding the operations of the world’s trading businesses.”

About Flow Traders

Flow Traders is a leading global technology-enabled liquidity provider that specializes in Exchange Traded Products (ETPs). We provide liquidity in ETP markets 24 hours a day, and have neither clients nor an opinion on the market. We enable investors to buy and sell ETPs efficiently by quoting bid and ask prices. We make our net trading income from the very small price differences that investors are willing to buy or sell ETPs and other financial instruments from or to us, and the prices we pay or receive for the underlying or related financial instruments. Investors benefit from our activities due to increased liquidity, higher execution quality, and lower overall trading costs. As such, we contribute to more efficient and transparent securities’ markets. We provide liquidity in over 4,000 ETP listings across the globe, tracking all underlying asset classes, including equities, fixed income, commodities, and currencies with access to over 90 trading venues in more than 30 countries. We are headquartered in Amsterdam, the Netherlands, with trading offices in Asia and the United States, covering all time zones. Flow Traders’ shares are listed on Euronext Amsterdam (EURONEXT AMSTERDAM: FLOW). For more information, please visit at: flowtraders.com.

About Corvil

Corvil safeguards business in a digital world. We see a future where all businesses trust digital machines to algorithmically conduct transactions on their behalf. For some businesses, this future is now. We provide big data analytics products that examine digital machine communications, in machine time, and apply analytical and statistical methods to deliver new levels of trusted, streaming intelligence needed by business, IT and security operations teams to safeguard the transparency, performance, and security of critical business applications and services. Corvil was forged on Wall St. where it is trusted by leading financial institutions to safeguard their businesses in a digital world.

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