Scila signs contract with Optiver to provide Market Surveillance technology throughout Asia-Pacific region

Scila AB signs contract with Optiver Pty Limited to provide Market Surveillance technology throughout Asia-Pacific region

Following a successful three month Proof-of-Concept, Scila has signed a contract with leading trading firm Optiver to evaluate Scila’s surveillance product during a 6-month period. During this period, Optiver will work closely with Scila to evaluate Scila’s capabilities of trading surveillance in the Asia-Pacific markets.

“We are glad to continue our relationship with Optiver Asia Pacific and demonstrate our ability to tailor a surveillance system to their specific needs”, says Lars-Ivar Sellberg, Executive Chairman of Scila AB.

During the Proof-of-Concept implementation, the team from Scila has been working closely with Optiver on site in Sydney to roll out a surveillance system for two of the major Asian markets. “We have enjoyed working with the team at Optiver, and we will continue to provide first class support during the 6 month evaluation period”, says Lars Gräns, PoC Project Manager at Scila AB.

Scila has been active in the Asia-Pacific Region since 2008 and has successfully deployed state-of-the-art multi-asset surveillance systems to Stock Exchange of Thailand among other entities.

For more information about our surveillance products please contact:

sales@scila.se

About Scila AB Scila provides trading surveillance products built on many years of experience from both market surveillance and systems design. Scila Surveillance uses modern technology to give the customer a seamless route from detection of market abuse to presentable evidence. Scila delivers the future in modern market surveillance technology by offering trading venues, regulators and market participants the most competitive solution available.

For additional information about Scila AB, please visit www.scila.se

About Optiver Founded in 1986 in Amsterdam, Optiver is today one of the leading liquidity providers in Europe, the US and Asia Pacific. Our 600 colleagues are located across 4 continents and represent some 35 nationalities.

As a market maker Optiver continuously quotes both bid and ask prices for financial instruments and therewith provides a ‘two-sided market’ in those instruments. Natural buyers and sellers may enter the markets at different times and by stepping in between Optiver allows buyers and sellers to immediately transfer their risk, ensuring liquidity in the market and execution certainty for investors.

For additional information about Optiver, please visit www.optiver.com

About Scila AB Scila is a FinTech company based in Stockholm, Sweden, but we act globally. Scila provides trading surveillance products built on many years of experience from both market surveillance and systems design. Scila systems use modern technology to give the customer a seamless route from detection of market abuse to presentable evidence. Scila delivers the future in modern market surveillance technology by offering trading venues, regulators and market participants the most competitive solution available.
For additional information about Scila AB, please visit www.scila.se