Capital.com Implements Scila Surveillance for Global Trade Surveillance Monitoring
London and Stockholm – 9 March 2023
Scila AB, the Stockholm-based leading independent provider of trade surveillance, anti-money laundering and risk management technology has announced that it has been selected by Capital.com to deliver a multi-asset class trade surveillance solution for global monitoring of trading activities.
Scila provides Capital.com with a powerful and flexible trade surveillance solution which is deployed at customer sites in more than 20 countries around the globe, including market participants, exchanges and regulators.
The Scila Surveillance solution includes a broad selection of alert rules and reports, a powerful search and replay functionality as well as trading analytics tools. The system utilizes advanced machine learning capabilities to classify alerts and e-communication such as chats, emails and voice recordings.
“We are pleased to announce this new partnership with one of Europe’s fastest growing trading platforms - Capital.com. Scila delivers a platform that is flexible, scalable and can deal with massive amounts of data, making it a natural match for customers that operate in a global dynamic trading environment”, says Lars Gräns Rodhe, Chief Commercial Officer at Scila AB.
“At Capital, we are committed to ensuring our tech-first approach to trading is always in step with the highest standards of risk management requirements and regulatory obligations. We are constantly enhancing and improving our systems and processes so that we always respond and react quickly to our client's needs and wider external changes. We are proud to partner Scila, a market leader in the provision of real-time surveillance technology, to further support us in our drive to quickly detect and prevent potential cases of market abuse”, says Kypros Zoumidou, Chief Commercial Officer, Capital.com.
For more information, please contact:
Scila AB
Lars Gräns Rodhe
Chief Commercial Officer
Email: lars.grans@scila.se
Capital.com
Shamillia Sivathambu
Head of PR
Email: Shamillia.sivathambu@capital.com
Scila AB Scila provides advanced solutions for trade surveillance, anti-money laundering and risk management. The company Scila was founded early 2008. All of the founders have a background either from surveillance departments or working with high-throughput transactional technology within the financial industry. Throughout the rapid growth of the Scila company a strong focus has been maintained on the recruitment of top-talent.
This solid base of superior domain and technology knowledge has been combined with a strategy of independence from any market participant and no reliance on external capital. This very deliberate strategy gave Scila both the focus and freedom to develop innovative products that deliver true value to the customer.
For additional information about Scila AB, please visit www.scila.se
About Capital.com
Capital.com is a high-growth fintech company empowering people to participate in financial markets through simple and innovative online trading platforms. Its intuitive award-winning platform, available on web and app, enables investors to trade thousands of world-renowned markets. To help investors trade with confidence, the platform is fitted with robust risk management controls and transparent pricing while its all-in-one ‘Investmate’ app delivers financial lessons and educational content to support clients in their investment journey.
Capital.com has a global network with offices located in Cyprus, UK and Australia. In 2022, the platform reported 83% per cent growth in user accounts, making it one of Europe’s fastest growing investment trading platforms with more than 7 million registered users.
Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 793714. Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 319/17. Capital Com Australia Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393.
To find out more, please visit: www.capital.com