LONDON – April 3rd, 2017 – eflow Ltd, a software developer for Financial Markets and creators of the Market Abuse Surveillance Software system TZ for buy and sell-side firms, today announced that PrimeXtend Limited will deploy Eflow’s Market Abuse System TransacTzar (TZ) to monitor its MAR obligations.
Business Development Director at Eflow Richard Guida said “PrimeXtend were incredibly diligent in their selection process and it was testimony to the intuitive design of Eflow’s system TZ which made it the only solution that could tick all the boxes. The ability to adapt to the ever-changing regulatory landscape highlights the functionality at PrimeXtend’s disposal. A financial services business at the convergence of risk management and technology, PrimeXtend combines state-of -the-art processing architecture with some of the most experienced practitioners in the market. Alongside its strategic investor Panmure Gordon & Co. plc, PrimeXtend has launched a unique integrated global execution and prime services platform tailored for international, mid-market institutional investors. ”
Stephen McCreath Managing Director at PrimeXtend Limited said “With technology, a key driver of PrimeXtend’s business, Eflow’s TZ platform was selected both for its scalability and flexibility which allowed full integration into our broader architecture. The adoption of TZ, which is used by other high-profile buy-side and sell-side firms, provides our institutional clients with the peace of mind of complete post-trade surveillance across asset classes and product types.”