LONDON, May 9, 2024 /PRNewswire/ -- ION, a global leader
in trading and workflow automation software, high-value analytics
and insights, and strategic consulting to financial institutions,
central banks, governments, and corporate organizations, announces
that FinTech Global has listed three ION products in the 2024
FinCrimeTech50 list. The included products are XTP Risk JANUS,
XTP Central Limits, and ION LookOut.
The FinCrimeTech50 is an annual list of the world's 50 most
innovative tech companies offering financial crime and fraud
prevention solutions. The list is part of a series of studies that
help financial services executives locate business models most
likely to have a lasting impact on the industry.
XTP Risk JANUS and ION LookOut are advanced real-time risk
management and surveillance systems that monitor high volumes of
transactions daily, ensuring compliance across markets, regions,
and asset classes. Both products oversee trading, market-making,
DMA, and HFT activities, adhering to bank and regulatory
standards.
XTP Central Limits helps manage pre-trade settings on
third-party trading platforms, reducing unauthorized limit changes.
The products were recognized in this year's list for their new
advanced functionalities supporting risk management, alert workflow
management, and AI/ML-based surveillance, resulting in improved
productivity and reduced costs.
Mirko Marcadella, Chief
Product and Marketing Officer at LIST, said, "We are honored to
have secured a coveted spot on the FinCrimeTech50 list. Our
offering is cutting-edge from a functional and technological point
of view. Global and regional financial institutions use our
solutions as they include a profound knowledge of processes in
business companies of different sizes. Our solutions are market
leaders in their segment, and we continue to invest in R&D to
stay at the forefront of innovation."
About ION
ION provides mission-critical trading and workflow automation
software, high-value analytics and insights, and strategic
consulting to financial institutions, central banks, governments,
and corporate organizations. Our solutions and services simplify
complex processes, boost efficiency, and enable better
decision-making. We build long-term partnerships with our clients,
helping transform their businesses for sustained success through
continuous innovation. For more information, visit
https://iongroup.com/
About ION Markets
ION Markets provides transformative technology and solutions to
financial institutions dealing in asset management, cleared
derivatives, equities, fixed income, foreign exchange, and secured
funding. Our award-winning end-to-end solutions simplify
clients' operations by automating the entire trade
lifecycle, providing tools to manage risk, and maximizing
access to liquidity while giving real-time access to critical
information required for timely operational decisions and execution
on a global scale. For more information, visit
https://iongroup.com/markets/.
About FinTech Global
FinTech Global is the world's leading provider of FinTech
information services, B2B media products, and industry events.
The FinCrimeTech50 is an annual list of the world's 50 most
innovative tech companies offering financial crime and fraud
prevention solutions. For more information, visit
https://fintech.global/fincrime50/.
Notes to editors
1. XTP Risk JANUS is a multi-asset, currency, and market,
real-time risk management, and order validation system for
exchange-traded financial instruments that can be used during
pre-trade, at-trade, or post-trade. It evaluates credit and market
risk in real time, with more than 80 risk indicators covering
margins, P&L, exposures, position limits, and electronic
surveillance.
2. ION LookOut, developed by ION-owned LIST, is an
advanced trade surveillance and market monitoring system that
pinpoints breaches of regulatory requirements across multiple asset
classes, and detects insider dealing and market manipulation.
3. XTP Central Limits manages the limit workflow approval
process. A pre-trade risk mitigator, it solves complex,
labor-intensive, and error-prone manual problems – previously
considered unsolvable – by providing an efficient way to maintain
multiple high-performance trading platforms. It controls and checks
third-party trading platform pre-trade settings, and reduces the
risk of unauthorized limit changes.
All product and company names herein may be trademarks of their
registered owners.
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