Panalytics helps firms move to a more proactive model of compliance, in-line with guidance from regulators.
IRVINE, CA (PRWEB) September 21, 2016
FIA announced that Panalytics is one of 18 companies chosen to exhibit in the 2016 Innovators Pavilion at the Futures and Options Expo in Chicago on Oct. 18-20. Innovators Pavilion showcases startup companies providing forward-thinking solutions for the futures, options and cleared swaps industry.
Panalytics was chosen from a competitive pool of applicants, and will receive a Tech Pod with a flat screen monitor on the Expo show floor that can be used to display its services. Panalytics will also be featured in the official conference guide, the FIA's service provider directory and the event app. In addition, five FIA Innovators will be chosen to take part in a Meet the Innovators competition in which each company will have five minutes to pitch its services to Expo attendees. Following the competition, a panel of judges will select one company as the FIA Innovator of the Year and award that firm a prize of cash and other resources valued at more than $20,000.
“Progress in our industry is being driven by forward-thinking companies like Panalytics,” said Rob Creamer, FIA board member and chairman of the FIA Principal Traders Group, who chaired the Innovators Pavilion selection committee. “Through Innovators Pavilion, FIA is forging networks between pioneering startups, a diverse community of market participants, and venture capitalists focused on fintech. We’re excited to be featuring FIA Innovators more prominently this year with the help of Nasdaq’s sponsorship and additional support from FinTEx Chicago, FinTech Sandbox and Hyde Park Angels.”
With more than 5,000 people attending each year, the FIA Expo is the largest gathering of derivatives industry professionals in the world. Attendees include senior executives from brokerage firms, exchanges, trading firms and service providers, and the exhibit hall typically attracts more than a hundred firms as exhibitors.
Panalytics helps those firms do a better job of identifying regulatory compliance risk and violations with innovative surveillance software. Its flagship product, Comply®, enables compliance teams to analyze and review multiple sources of information such as email, instant messaging, social media, trades, research, files, and more, and correlate that information with public sources such as news alerts and enforcement actions – all from a single platform.
“By unifying the analysis and review of these sources, our product helps to consolidate formerly disparate surveillance processes, saving time and money while increasing the effectiveness of violation identification,” said Christopher Ricciuti, co-founder and CEO of Panalytics. “This helps firms move to a more proactive model of compliance, in-line with guidance from regulators.”
Panalytics and other Innovators were selected on the basis of applications that were submitted and reviewed by a committee of industry experts assembled by FIA.
FIA is the leading global trade organization for the futures, options and centrally cleared derivatives markets, with offices in London, Singapore and Washington, D.C. FIA’s membership includes clearing firms, exchanges, clearinghouses, trading firms and commodities specialists from more than 48 countries as well as technology vendors, lawyers and other professionals serving the industry. FIA’s mission is to support open, transparent and competitive markets, protect and enhance the integrity of the financial system, and promote high standards of professional conduct. As the principal members of derivatives clearinghouses worldwide, FIA’s member firms play a critical role in the reduction of systemic risk in global financial markets.
For more information, contact Heather Vaughan at +1 202-466-5460.
Panalytics provides innovative surveillance software that enables financial services firms to better identify, manage and respond to regulatory compliance risk and violations across previously siloed sources of information such as electronic communications, trades and public data like news alerts. By merging the latest techniques in violation identification with the proven compliance workflows of traditional surveillance solutions, Panalytics Comply® offers firms the first viable alternative to broken and outdated surveillance processes and tools.
For more information, contact Christopher Ricciuti at +1 949-396-2029