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Screenshot of a breaking news alert e-mail from Q2 2017
Signal, a substantial shareholding and position limit monitoring and reporting solution from Advise Technologies, is now available on Ullink’s NYFIX Portal.
Advise Technologies, a provider of regulatory compliance solutions for investment managers, offers coverage for 89 jurisdictions and global exchanges through its Signal software platform. Signal users can compare their holdings to relevant jurisdictional and exchange rules, receive alerts when actions must be taken, and prepare disclosure notifications that can be filed with regulators.
Through the Advise partnership with Ullink, a global provider of electronic trading and connectivity solutions to the financial community, Signal can now be accessed by the community of buy-side firms active on NYFIX, the Global Connectivity Utility.
Ullink’s NYFIX client community faces complex regulatory issues, and we’re excited to help simplify compliance through Signal,” said Roger van Elderen, Business Development Manager for Advise Europe.
Signal targets an area of compliance that is becoming increasingly challenging, and includes Substantial Shareholding Disclosures, Exchange and MiFID II Position Limit Tracking, Issuer Limits, Short Selling Regulations, Market Abuse Regulation, 13D, 13G, and more.
The NYFIX Portal is an online ecosystem of third-party providers offering capital markets participants the possibility to leverage easy-to-access applications, available over a dedicated service delivery platform.
Philippe Carré, Global Head of Business Development for Ullink, added:
Our NYFIX client community is confronted by a multiplicity of challenges – we are there to help turn those into opportunities, primarily by simplifying the on-boarding and integration of innovative solutions. The NYFIX Portal, launched early 2017, is a Ullink initiative targeted at the entire NYFIX community, close to 1,500 firms, with an increasing number of clients connecting to leverage the range of services already deployed on-line. We have been combining the strength and reach of the Ullink Global Alliance Programme and the NYFIX Portal online platform to great effect.