Consortix understands the complete task that Financial Institutions must carry out in order to ensure and maintain full compliancy. It is no different in the Capital Market domain. The EU’s Market Abuse Directive (MAD II) puts focus on increasing market integrity and investor protection.
This Directive delegates certain tasks and responsibilities to the Financial Institutions, including to monitor some pre-defined behavior that might be an indication of insider trading or other types of market abuse activities.
Therefore, Consortix developed a set of business rules matching the requirements as set forth in the Directive. These business rules can run on existing SAS AML configuration so current customers can enjoy the benefit of covering most of the regulatory needs using just one single platform.