Corporate Updates - MT Newswires

MT Newswires and SS&C Technologies Partner to Create Solution for Comprehensive Insider Trading Compliance and Monitoring

Written by MT Newswires | Oct 26, 2022 6:02:11 PM

BETHESDA, Md., [October 26, 2022] -- MT Newswires, a recognized leader in original and unbiased business and financial news, today announced an integration with SS&C Technologies’ Risk & Compliance Intelligence Platform (RCI), a cloud-based account, portfolio, and transaction-monitoring platform for Compliance Officers and Branch Managers. The integration provides an accessible, customizable, and cost-effective way for compliance officers to leverage news data provided by MT Newswires to monitor investors and employees for possible insider trading activity.

MT Newswires delivers premium intra-day commentary and breaking news on a wide range of topics, including equities, fixed income, commodities, foreign exchange (FX), global economics, and more. Platform and application providers incorporate the news feeds into their offering, enhancing the user experience with news coverage of North America, Europe, and Asia, focusing on the most actively followed and traded securities in developed markets and economies.

“Accessing news that can be leveraged systematically by Regulation Technology surveillance platforms and be fully customizable by event news type, earnings guidance, and even social media content has become essential,” said Brooks McFeely, MT Newswires’ Founder and CEO. “Creating this level of trade surveillance and analysis by incorporating real-time financial news is something that hasn’t been done before. We’re excited to work with SS&C to provide compliance officers with this new solution.”

SS&C’s RCI is a web-based account, portfolio, and transaction-monitoring platform designed explicitly for compliance teams. It automatically aggregates and analyzes data to support a firm’s mandated regulatory or internal oversight initiatives. Alerts, case management, and trade blotter features assist with day-to-day supervisory activities. The extensive and ever-expanding compliance test library provides out-of-the-box surveillance and detection capabilities, workflow, and archiving features. The reliable, easy-to-use, and scalable solution allows for rapid deployment and quick time to value.

“At SS&C, our success is a result of focusing on the needs of the financial services community and deploying innovative solutions,” said Mike Megaw, Global Head of Intelligent Automation, Regulatory, Data and Analytics, SS&C Technologies. “Working with MT Newswires, RCI empowers compliance officers with a high level of trade surveillance and analysis.”

About MT Newswires
Founded in 1999, MT Newswires is a recognized leader in original and unbiased global capital market, business and financial news. The Company’s expanding global network of financial journalists and economists produces real-time, multi-asset class news in over 160 distinct categories to cater to the diverse and evolving needs of the global investment community. MT Newswires powers most of the largest banks, brokerage, professional market data, trading, wealth management and research applications globally.

About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.