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Ancoa delivers AWS hosted market surveillance platform to Convergex

First Published 8th February 2017

Ancoa platform provides surveillance capabilities for Convergex equities and options businesses.

Ann Neidenbach, Convergex

Ann Neidenbach, Convergex

London and New York - Ancoa, provider of contextual surveillance and analytics, has announced that Convergex, the brokerage and trading related services provider, has deployed Ancoa's market surveillance platform to monitor all trading activity across its domestic (U.S.) and international cash equities and options brokerage businesses.

The deployment monitors trading activity of all lit and dark venues including Millennium, Convergex's proprietary ATS.

Ann Neidenbach, Chief Information Officer of Convergex, said: "We chose Ancoa because of its leading edge technology and robust trading surveillance capabilities to support our global multi-asset requirements. Furthermore, Convergex is ahead of the curve by migrating to Ancoa's cloud based solution to address our surveillance needs in the most comprehensive and cost efficient way."