KRM22 plc (LON:KRM) has announced that Retail FX broker Capital.com has implemented its Market Surveillance product.

The increasing popularity of online trading platforms has resulted in more intense regulatory scrutiny. In 2020, the number of new users of online trading platforms soared, with as many as 11 million new traders signing up to the most popular websites. Forward thinking firms are already pre-empting this focus by putting in place the processes and systems associated with traditional asset classes.

KRM22 Market Surveillance software provides a unique level of insight and context allowing customers to efficiently monitor their business and manage regulatory obligations with confidence. Key software features are transferable, from traditional capital markets to the modern fintech industry. Offering cloud hosted real-time processing, an extensive alerts library and integration with leading market data providers, to name a few.

Dmitry Ogievich, Chief Operating Officer, Europe at Capital.com, said:

“We are proud to announce our partnership with KRM22 and the integration of the Market Surveillance software with Capital.com. KRM22’s solutions are known for their strength in preventing potential market abuse, fraud and operational breaches and this partnership further supports our commitment to robust risk management. As a fast-growing investment and trading platform, ensuring the integrity of our business and the security of our clients are of utmost importance. As we expand, we will do so in step with the highest levels of risk management, regulation and international best practices.”

Daniel Langley, Head of Compliance at KRM22 said:

“We are delighted to add Capital.com to our growing market surveillance community enabling KRM22 to continue to partner with firms to adopt and implement best practices within our industry and regulatory standards for market surveillance and the monitoring of market abuse.”

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets. Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms’ market, compliance, operations, and technology risk challenges and to manage their entire enterprise risk profile.