The Scila systems are turnkey solutions for trading venues, trading participants and regulatory bodies that seek to apply modern technology to obtain a seamless route from detection to presentable evidence. To meet the demands from the modern trading environment, Scila not only monitors for traditional scenarios, but also for high frequency trading, pattern recognition and relationships.
Based on the same foundation, the Scila products aim at delivering shorter time-to-market, lower total cost-of-ownership and improved user experience. The result is a flexible and highly efficient solution with standardized connectivity protocols, capable of handling thousands of millions of transactions every day. Scila delivers a technology that has proven to be extremely successful for some of the largest trading venues in the world.

Scila Surveillance is the most successful system in recent years when it comes to real time trading surveillance for trading venues. It is a multiasset tool from the ground and up, handling all asset types, for example, equities, futures, options, f/x, indices, electricity futures and spots. Some of the main features are integrated case management, flexible replay functionality, an extremely powerful search capacity and a state-of-the art graphical order book. On top of that Scila Surveillance is delivered with a rich alert rule portfolio covering a wide range of scenarios from market abuse to trading rule violations. In short, it is a smarter surveillance solution.

With new legislation and regulation, there is an increased pressure on investment banks and brokers when it concerns monitoring their own and their clients’ trading and monetary transactions. Scila Compliance gives both the first and second line of defence a powerful tool for trading and internal control. On top of that, Scila Compliance brings added value by gathering and presenting trading data to be used by for example, the business development department and the management. Scila closely follows regulatory developments such as MiFID II, MAD, ESMA Guidelines, Dodd Frank and AML rules to be able to deliver a compliant application for trading control and internal control.

Read more about Scila Compliance here.

Scila Surveillance and Scila Compliance are off-the-shelf products that can be customized to customer-specific needs. To most regulators we offer a custom-made solution, built on the same foundation as Scila Surveillance and Scila Compliance. Depending on the regulatory responsibility, it can be something very close to Scila Surveillance, or something tailored to the needs of the regulatory body.