Ancoa announced it has won ‘Best Market Surveillance Technology’ at the 2016 Futures & Options World (FOW) International Awards. The award recognises the ongoing enhancements made to the Ancoa surveillance platform, which have enabled customers to meet the Market Abuse Regulation (MAR) deadline of July 2016.
The FOW Awards recognise the “best and the brightest in a range of industry categories from across the world.” Entries for the FOW awards are canvassed from the market and qualified against the category criteria before being sent to the judging panel. Each entry is judged by “judges who use or have experience of the products.” For the market surveillance award, the judges were compliance executives from banks and buy-side firms.
Kurt Vandebroek, CEO, Ancoa, said: “We are delighted to have won this award and remain enormously grateful to our industry for their on-going recognition of our market surveillance capabilities. 2016 has been an extremely busy year for Ancoa and I’d like to take this opportunity to thank our team who have worked tirelessly to help Ancoa stand out from competitors in our space.”
He added: “We see today’s win as continued recognition of the contribution we are making towards improving market integrity by helping firms detect and deal with potential market manipulation.”