Bedford, MA - Progress Software Corporation has released the latest version of the Progress® Apama® Market Surveillance and Monitoring solution with capabilities to support the latest European Supervisory Markets Authority (ESMA) guidelines. The new Apama Market Surveillance and Monitoring release adds specific support for ESMA regulatory requirements in addition to existing capabilities including monitoring algorithmic trading, order/trade ratios, best-execution compliance, and anti-money laundering.

The Apama Market Surveillance and Monitoring solution offers an integrated, real-time view of external and internal events and processes, supporting the end-to-end surveillance, monitoring and risk management activities required by ESMA, Dodd-Frank, the Securities and Exchange Board of India (SEBI) and other global regulatory bodies and initiatives.

The Apama Market Surveillance and Monitoring solution includes a customizable and interactive dashboard, which aims to enable users to find the root cause of problems, and react to mitigate risk. The solution also includes built-in investigative tools, case management and audit trails to help firms meet internal compliance and regulatory requirements for reporting.

The Apama Market Surveillance and Monitoring solution includes the capabilities necessary to allow the user to meet the following ESMA-specific requirements:

· Monitor electronic trading platforms in real-time (in addition to end of day merge and replay, for example OTC products)

· Issue prioritized alerts when there are problems with electronic trading systems

· Automatically block or cancel orders outside pre-set price or size

· Block unauthorized trades or traders

· Flag behavior signaling potential market abuse

Dr. Richard Bentley, vice president of Capital Markets Solutions at Progress Software said: "By using the Progress Apama Market Surveillance and Monitoring solution, customers can instantly comply with new guidelines from ESMA and other regulatory authorities. And because it is fully customizable, the solution enables clients to cope with whatever new global regulations come up in future."