LONDON – March 27, 2017 – eflow Ltd, a UK-based specialist in the development of Enterprise Application Workflow solutions primarily for financial markets, has selected ICE Data Services’ Consolidated Feed for real-time and historical tick data for TZ™, eflow’s post-trade market surveillance platform for equities, fixed income, foreign exchange, futures and derivatives.
TZ helps buy-side and sell-side firms to adapt to regulations, including MiFID II, Dodd-Frank and the Volcker Rule, and manage compliance requirements. ICE Data Services’ tick data for exchange traded and evaluated fixed income prices can enable eflow to provide a complete T+1 solution to assist with regulatory compliance and provide exception analysis, reporting and contextual investigative capability in line with new legal requirements and beyond. ICE Data Services is part of Intercontinental Exchange (NYSE: ICE) and provides high-quality, real-time feeds, trusted pricing and analytics, connectivity and desktop trading tools.
“We’re excited to be working with ICE, as with all our suppliers, to offer a solution that we believe will become the benchmark for trade surveillance,” said Ben Parker, CEO at eflow ltd. “Our TZ service is easy to deploy, offers clear visuals and straight-to-the-point results for market surveillance and regulatory compliance. It can allow customers to both monitor transactions for regulatory requirements and own their own processes.”
TZ alerts are designed to cover regulatory requirements for MIFID, MIFIR/ MIFID II, MAD, MAD II and ESMA guidelines in Europe, and Dodd Frank, the Volcker Rule and MAD in North America.
Founded in 2004 eflow is a UK based specialist in the development of Enterprise Application Workflow solutions primarily for financial markets with offerings for Compliance, Straight Through Processing and Enterprise Workflow Backbones. All eflow applications are built on the PATH technology. PATH is the only complete purpose-built Workflow service oriented architecture software available to the Financial Markets that combines all the best facets of middleware, work flow, business decision rules, data aggregation, case management, and toolkit with Change management in one complete package.