Eagle

Compliance solution for financial market surveillance

In recent years, the European regulatory framework for financial markets has become significantly more stringent, requiring investment firms to adopt advanced digital solutions to simplify and ensure regulatory compliance.
MiFID II/MiFIR, MAD II/MAR, ESMA’s technical standards, and IOSCO principles all push for the adoption of international best practices, with a particular focus on continuous monitoring, risk management, and compliance by design.

In this context, having advanced technological platforms is no longer just an obligation—it’s a real competitive advantage.

Eagle is the compliance solution designed to meet these needs. It offers sell-side and buy-side operators an integrated approach to market surveillance, abuse monitoring, conflict of interest management, and privileged information control. With Eagle, reliability, transparency, and trust in the market become the cornerstones of your operations.

The platform ensures comprehensive regulatory coverage:

  • It performs checks on equities, bonds, ETFs, and derivatives, on both regulated and over-the-counter markets.
  • AIt analyzes the entire order lifecycle, from receipt to execution, as well as modifications and cancellations.

Eagle enables an integrated and holistic approach to compliance. It covers not only market abuse but also the management of related aspects such as conflicts of interest, insider lists, and best execution monitoring, offering a 360-degree solution.

The Platform Modules

Monitors the entire lifecycle of orders on regulated and OTC markets for various asset classes. The goal is to identify potential market manipulation in compliance with MAR/MAD II regulations. This module includes:

  • MAD (Market Abuse Diagnostics): this is Eagle’s analysis engine, ensuring compliance with the MAD II/MAR regulation. It analyzes massive volumes of data to identify suspicious trades using 21 complex algorithms that cover all abuse scenarios specified by ESMA. Detection thresholds are user-configurable by market, client, and instrument, producing targeted “detections” and minimizing false positives.
  • CCM (Collaborative Case Manager): enriches the MAD module with additional functions, information, and controls, producing a score based on diagnostic results and other checks. It allows users to collaboratively manage abuse cases.

This is the official register for real or potential conflicts of interest. It uses a configurable engine for automatic case detection and management, generating control and restriction lists and tracking all steps for risk mitigation.

Manages and registers all individuals (internal or external to the company) with access to privileged information. It maintains the official list of these individuals and tracks modifications, cancellations, and automatic notifications.

It’s the official register of personal transactions. It archives and analyzes employees’ personal transactions to identify trading activity that violates company policies.

Verifies the application of execution policies and compliance with Best Execution requirements ex-post, identifying non-compliant orders. It enables a proactive approach to controls to identify any order executions that are non-compliant with the regulations.

Optimization of operational processes
 Eagle is designed to optimize workflows, reducing manual burdens and improving efficiency.

MARKET DATA/NEWS INGESTION

Integrates market data feeds (for prices and volumes) and news feeds to acquire the communications necessary for monitoring.

HIGH AUTOMATION

Checks are performed automatically and scheduled on the previous day’s data (T-1), allowing for daily “detections” that narrow the scope of analysis.

MAXIMUM CONFIGURABILITY

Diagnostic thresholds and parameters are user-configurable.

USER EXPERIENCE

The system provides dashboards, filters, and grouping alerts that support and facilitate case analysis and management.

IN-DEPTH ANALYSIS

The analyst can drill down into the details of each “detection,” viewing crucial data such as intraday prices, market context, complete client activity, and relevant news.

VERSATILITY

It can be installed on-premises or as a SaaS solution depending on your organizational and operational needs.

The platform’s flexibility and our specialized know-how allow for rapid customization of diagnostics, reports, and integrations with client systems or new data sources to meet your specific needs.

We believe that regulatory compliance should not be a burden, but a growth opportunity. With the Eagle platform, we make compliance management an efficient and automated process, freeing up your resources from manual tasks and allowing you to focus on creating value.
Thanks to a more effective and proactive risk management, you not only comply with regulations but also enhance your reputation and reliability.

Contact us for details or to request a demo

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