London, UK (PRWEB) October 3, 2006
CMC Markets, a provider of Contracts for Difference, implements Secoda's compliance management and policy awareness solution RuleSafe. Financial Services is one of the mostly heavily regulated sectors and CMC Markets addresses many of these requirements using RuleSafe.
RuleSafe provides employees with a focused view of policies relating to their job function, work process, and location by filtering complex information down to their specific requirements. Management track who have read and accepted the relevant policies, and who have not. The RuleSafe solution increases awareness, security and accountability while reducing cost and risk exposure.
"Our corporate strategy and principles include ensuring that all company employees are made aware of the policies that affect them in their business functions. Global awareness and timely communication in a multinational / multilingual organisation is a complex problem that has been addressed through the deployment of Secoda's RuleSafe solution. We are able to communicate the policies electronically in different languages and track individual user acceptance of them," said Paul Sexby, Information Security Manager, CMC Markets.
"We were delighted to be chosen by a company with such a strong technology and security pedigree as CMC Markets. Our ability to quickly transform the product to meet CMC Markets' specific needs confirmed to us the breadth, flexibility and maturity of the RuleSafe solution," commented Adrian Wright, Managing Director of Secoda.
About Secoda Risk Management (http://www.secoda.com)
Secoda is a privately owned UK company, incorporated in April 2002, and founded by former senior security officers in FTSE 100 and public sector organisations. Secoda's flagship product is RuleSafe™, the foremost third-generation policy awareness solution on the market.
About CMC Markets (http://www.cmcmarkets.com)
CMC Markets handled over 8 million trades in the year to 31st March 2006 with an average value of $2 billion per business day across its full CFD product range (including Foreign Exchange and Financial Spread Betting). With offices in London, New York, Frankfurt, Sydney, Auckland, Toronto, Beijing and Hong Kong, CMC Markets represents clients in more than 73 countries.
The company was founded in 1989 and is authorised and regulated by the Financial Services Authority and is a Member of the NFA in the United States, BAFIN in Germany, the ASIC in Australia, OSC in Canada, CBRC in Beijing and SFC in Hong Kong.
CMC Markets -- Paul Sexby
Secoda -- Charles Fairbairn, tel: +44 (0)20 7232 4877