Regulatory Compliance

Solutions for Market Abuse, Insider Trading, Transaction Reporting, Best Execution Monitoring and Reporting, MiFID II Record Keeping and more.

TZ Regulatory Compliance Solutions

TZ is our flagship software. It's powered by our proprietary platform PATH and can provide all kinds of different regulatory compliance solutions. Watch the video below for an overview of its features.

The Highlights

✔ Best Execution Monitoring
 Best Execution Reporting

✔ Trade Surveillance
✔ Transaction Reporting
 Transaction Cost Analysis
 MiFID II Record Keeping


Award Winners

eflow have been awarded Best Trade Surveillance Solution for MAD and MAR at the 2021 RegTech Insight Awards Europe.

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After an extensive search we decided upon TZ for our Market Abuse and Best Execution Surveillance. The ease of use and expertise of the eflow team made the decision an easy one.

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David Elliott

Head of Compliance, The Share Centre

Brewin Dolphin has used TZ for Trade Surveillance for six years. At Brewin Dolphin we consider a vendor relationship to be more than just the vendor providing a product; we look for vendors who are committed to product and customer service improvement. eflow fit that requirement perfectly.

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Lisa Todd

Assistant Director, Brewin Dolphin

eflow's commitment to product development as regulation changes stands out amongst its competitors. With eflow we are confident that we have a partner that will evolve as our requirements also evolve.

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William Preston

Compliance Manager, Aegon Asset Management

Ever since Panmure Gordon PrimeXtend started using eflow's Best Execution and Trade Surveillance solutions, we've been confident that our firm is compliant with all the necessary regulations. TZ truly is an all-in-one compliance solution.

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Michael Stables

Director - Head of Equities Trading, Panmure Gordon PrimeXtend

Book a Free Demo

- Pick a service: TZ Trade Surveillance and Regulatory Compliance, or TZTR Transaction Reporting

- Pick a date and time

- Click 'Book Demonstration'

- Enter your details

- You'll receive a booking confirmation within a few minutes.

- A member of our sales team will then contact you with a video conferencing link and calendar invite.

Integrated Reporting

TZ is a fully consolidated regulatory compliance system. That means it can test records, trigger alerts and generate reports - all in one place. Once TZ has run trade surveillance testing on your records, you can quickly compile custom or preset reports with just a few clicks without leaving the software to access a separate reporting system. It's a streamlined approach to compliance.

What We Offer

Here are just some of the solutions that TZ can provide. Click on any of the icons below for more information about that solution.

Transaction Reporting

EMIR, SFTR and MiFIR Reporting Capabilities. Mifid II Record Keeping

Trade Surveillance

Market Abuse and Insider Trading Monitoring. Over 30 Different Tests and Alerts

Best Execution Monitoring

Best Ex Testing Against a Number of Industry Standard Benchmarks.

Best Execution Reporting

MiFID II-Compliant RTS-27 and RTS-28 Rporting and Custom Best Ex Reports

Transaction Cost Analysis

Post-Trade Transaction Cost Analysis (TCA) to Ensure Best Execution


Custom Reporting

Custom and Personalised Reports for Alternative Reporting Requirements. 

Trade Life-Cycle Management

Straight-Through Processing for the Entire Life Cycle of Trades from Order to Settlement.


MiFID II Record Keeping

Record Storage In WORM Format Compliant With All MiFID II Compliance Standards

White-Label Solutions

TZ Is Available As A White-Label Regulatory Compliance Solution.

Need proof?

Here are the numbers

Years of Development

Global Clients

Tests and Alerts

Custom Reports

PATH - Our Development Platform

PATH is the platform we use to build all of our solutions. It's been consistently refined and updated for over 2 decades. It specialises in large-volume data handling and integration of multiple data sources. Some of its main features are listed below.

Data Management

Process, sort and store extremely large volumes of data in any file format. 


Data Source Integration

Communicate between different data sources with effective straight-through processing.

Workflow Automation

Reduced risk of human error and increased efficiency.

The eflow Blog

Irish Central Bank Joins Calls for Tighter Market Abuse Regime

Irish Central Bank Joins Calls for Tighter Market Abuse Regime

On 12 July 2021, the Central Bank of Ireland published the findings of its long-awaited review of compliance with the Market Abuse Regulation (MAR). Its work has uncovered systemic failings on the part of firms to comply with reporting requirements, and has seen the...

FCA Market Watch 67: Market Manipulation in the Spotlight

FCA Market Watch 67: Market Manipulation in the Spotlight

The UK’s Financial Conduct Authority (FCA) has recently published the latest issue of Market Watch – its newsletter on market conduct and transaction reporting issues. This issue focuses on market manipulation and the controls that the regulator deploys to detect and...

eflow Wins Best Trade Surveillance at 2021 A-Team Awards

eflow Wins Best Trade Surveillance at 2021 A-Team Awards

It was announced this week that eflow has won Best Trade Surveillance Solution for MAD/MAR at the 2021 European RegTech Insight Awards hosted by A-Team Group. Our trade surveillance platform TZ is our flagship product, and we couldn't be happier to see it gaining this...

Get In Touch

Sales Enquiries

Call: +44 (0) 203 105 3273

Email: sales@eflowglobal.com