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2014-04-10

Trapets AB: Trapets AB secure Close Brothers Seydler Bank AG deal with InstantWatch Market

Trapets AB one of Europe's leading independent providers of Trade
Surveillance solutions and associated technologies today announced
that Close Brothers Seydler Bank AG has selected Trapets AB to
provide an internet-based InstantWatch surveillance system to aide
it's trading compliance processes.

InstantWatch incorporates flexible and powerful analytics tools
incorporating advanced pattern recognition designed to assist
financial institutions in detecting and preventing market abuse,
minimising trading risk whilst ensuring compliance.

InstantWatch works by intelligently collecting and analysing trading
and market data using a state-of-the-art detection engine to uncover
and present hidden patterns. Taking direct feeds from trading systems
and market venues, the application incorporates intelligent
transaction monitoring, a fully featured alert engine and provides
case management for automated reporting and audit trail capture.

Known market abuse scenarios or rules can be modified and enlarged by
compliance or internal audit and the application works intelligently
to provide increasingly predictive data leading to proactive decision
making. According to Holger Gröber, Member of the Management Board at
Close Brothers Seydler Bank AG "The decision to invest in
InstantWatch was an obvious one for us, it is not only priced
competitively, it gives us the ability to tailor it to specifically
meet the needs of our business ensuring we can continue our efforts
to employ compliance best practice."

Gunnar Wexell, Chairman at Trapets AB commented "The ability to
rapidly facilitate internal detection of problems is a critical
concern for financial institutions. Built around this principle,
InstantWatch is already used by a number of leading securities firms
and trading floors interested in receiving value for money analytics
applications which can be customised to meet their own internal
surveillance measures as well as external regulatory requirements."

Contact: Gunnar Wexell, chairman Trapets, +46-70-510 18 68,
gunnar.wexell@trapets.com

About Trapets AB

Trapet AB is Sweden's leading provider of market leading Trading
Surveillance, AML and KYC solutions and associated technologies. The
company offers exemplary advice on the `best fit' compliance
solutions for the capital markets accompanied by fully project
managed implementation, consultancy and maintenance services.
Professional services range from assistance in implementing
compliance monitoring and advanced analytics programs to fully
outsourced trade surveillance.

www.trapets.com

About Close Brothers Seydler Bank AG

Close Brothers Seydler Bank AG is focused on mid-sized companies and
has been part of the London Exchange listed Close Brothers Group plc
since 2005. Among its core business areas are Capital Markets,
Designated Sponsoring, Institutional Sales, Research, Fixed Income
and Equity trading and Floor Specialist Trading on the Frankfurt
Stock Exchange in over 2,900 domestic and international equity and
fixed income securities.

www.cbseydler.com

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http://news.cision.com/trapets-ab/r/trapets-ab-secure-close-brothers-sey...
http://mb.cision.com/Main/4757/9567276/231913.pdf

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