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Linear Investments deploys Ancoa's market surveillance and analytics capabilities

First Published 5th June 2015

Ancoa selected to provide surveillance and analytics across Linear Investments brokerage platforms.

Kurt Vandebroek, Ancoa

London - Ancoa has announced that Linear Investments, a provider of full-service 'mini-prime' brokerage, custody and execution service to smaller and mid-sized hedge funds, has deployed Ancoa's market surveillance and analytics capabilities for its execution and trading platforms.

Building on Ancoa's platform and standard regulatory alert library, the Linear Investments deployment includes both bespoke alerting logic and custom data integration with their Order Management System. Ancoa provides Linear Investments with a manageable number of alerts, drawing attention to only those scenarios that require further investigation for potential market abuse, and are relevant to their specific business as detailed under MAR.

Kurt Vandebroek, CEO, Ancoa, said, "We are thrilled to provide our market surveillance capabilities to Linear Investments' trading services. We are confident that our contextual approach will give Linear Investments' compliance team, and by extension their customers, the necessary surveillance tools to detect and deal with market abuse, and help them fulfil their regulatory obligations as well as operational oversight requirements with confidence".

Jerry Lees, chairman, Linear Investments, added, "We are delighted to have chosen and deployed the Ancoa surveillance capabilities across our trading and execution platforms in a record time of two weeks, thanks to Ancoa's agile technology team. Ancoa's platform is easy to deploy, simple to use and provides our trading and compliance teams, as well as our hedge fund clients, with improved visibility over trading behaviours and operations. This empowers us to act swiftly in order to prevent market abuse and benefit from additional business intelligence".