Boat Services partners with KiteEdge to offer innovative search tool, Apex, to clients

Today (25 September 2017), Boat Services have announced a partnership agreement with KiteEdge to offer Apex, a next generation customisable search layer, to clients.

KiteEdge provides asset managers with the tools to find, collaborate, and leverage content across complex, multi-asset, siloed organizations and helps firms meet their MiFID II regulatory/transparency requirements.

KiteEdge’s Apex solution will be available to Boat clients by the end of Q4.

“We are pleased that Boat Services have recognized the potential of KiteEdge and appreciate the potential leverage between the two businesses in a post-MiFID II environment.” says James Flavin, CEO of KiteEdge.

Boat Services is a leading provider of transparency services with operations in the finance and insurance sectors. The company, which launched in 2007 in response to the increased regulatory pressures introduced when MiFID came into effect, offers comprehensive MiFID and MiFID II reporting services to help firms meet their transparency obligations.

“KiteEdge perfectly complements our existing suite of MiFID II services for the benefit of our customers.” Says Jamie Khurshid, CEO of Boat Services.

Jamie adds:

“We view KiteEdge as a natural extension of our ever-growing suite of products to help market participants deal with the challenges of MiFID II”.

Boat Services have been operating for over ten years with 100% uptime and zero incidents. During this time, the team of industry experts have leveraged their experience to deliver market leading services across the finance and insurance industries, working with some of the most esteemed and established organizations in the world.

For further information, please contact:
Emmy Granstrom
Marketing Manager
Boat Services Ltd
+44 (0)20 3735 4981
emmy.granstrom@cinnober.com

About KiteEdge:
KiteEdge is focused on developing cloud hosted Enterprise search tools to help Asset Managers better manage and data mine their unstructured content; meet regulatory/transparency requirements; and make efficiency gains. For more information, please contact James Flavin at: info@kiteedge.co.uk

About Boat Services:
Boat Services Ltd is an independent service platform for the finance and (re)insurance industries, and is part of Cinnober, world leading independent provider of trading, clearing, and market surveillance solutions.

Boat Services was established in 2007 in response to the regulatory pressures introduced when the financial regulation MiFID was implemented. Boat’s financial services include comprehensive MiFID and MiFID II trade reporting solutions. Since the acquisition of Boat by Cinnober in 2014, Boat have diversified beyond finance to include insurance services. For further information, please visit www.theboatplatform.com.

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About Us

Cinnober Financial Technology is an independent, world-leading supplier of financial technology. Founded in Sweden in 1998, the company has offices in Stockholm and Umeå. Cinnober provides solutions and services to leading trading and clearing venues, including exchanges, clearinghouses, banks and brokers. Cinnober’s solutions are largely based on the TRADExpress™ Platform, incorporating everything needed for mission-critical solutions in terms of performance, robustness and flexibility. The portfolio of offerings includes price discovery and matching, real-time risk management, clearing and settlement, index calculation, data distribution and surveillance. Customers include ASX, B3, Deutsche Börse, Dubai Gold & Commodities Exchange, Eurex, Johannesburg Stock Exchange, London Metal Exchange, LME Clear, ICE Liffe and Stock Exchange of Thailand. Cinnober is listed on First North in Stockholm, with Avanza as Certified Advisor. For additional information, please visit www.cinnober.com