PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: 3i Infotech Limited

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System - Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System. Rapid implementation delivers project in just four months
Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/04/26 - Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System. Rapid implementation delivers project in just four months.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Marketing/Newswire/PR Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

3i Infotech, a global provider of IT solutions, today announces that the Zagreb Stock Exchange (ZSE) has successfully implemented AWACS, its automated, multi-segment market surveillance system.

As exchanges in emerging markets look to attract new listings and investors, the race is on to ensure that they stay ahead of their regional competitors. By implementing the latest anti-fraud and market manipulation detection systems, these emerging exchanges ensure that they not only satisfy wider US and European compliance, but also become destinations for fresh capital flows. With insider trading allegations having rocked the regulators, pressure is mounting for market manipulation to be monitored to the same stringency across the globe.

Having selected 3i Infotech’s AWACS solution, the implementation for the ZSE took just four months, from project initiation to everyday operation. As a result, the exchange is already benefiting from real-time identification of potential cases of market manipulation across its equity and fixed income markets. Moreover, instead of a time-consuming manual process, ZSE now has all of the data and tools to investigate these cases immediately and classify the probability of a genuine manipulation.

Such is the level of automation within the solution that AWACS incorporates a library of early warning alerts to facilitate detection of possible instances of market abuse. These include insider trading and front running as well as cases of market manipulation, including wash trades, spoofing, marking the close, layering of orders and churning. In addition, specific alerts have been configured to meet ZSE’s exact requirements, further enhancing their ability to monitor the markets.

Roberto Motusić, President of the Zagreb Stock Exchange, said, “Events in recent months have demonstrated beyond all doubt the need for holistic transaction monitoring services. As we move towards a wider market recovery, we look forward to operating with the latest and most efficient technology available.

“Throughout the implementation process we have been very impressed with 3i Infotech, not only the efficiency with which the solution was implemented, but also in the way the AWACS team worked with the ZSE to deliver the project on time and in budget.”

Philip Black, Business Development Director, 3i Infotech - Western Europe, commented, “We are delighted to have delivered our first European installation of AWACS. The fact that the implementation went exactly to plan is a testament to the close working relationship developed between the ZSE and 3i Infotech, as well as a demonstration of the solution’s power and flexibility which allow it to be quickly configured to suit the exchange’s specific requirements.”

About 3i Infotech

3i Infotech (3i-infotech.com)is one of India’s leading IT companies and among the top 3 Indian Software Products Companies*. The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across five continents.

The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Centre Operations and ISO/IEC 20000-1:2005 for Data Centre Management Services.

* Source: Dataquest, August 2009

For more information, please contact:
Nicola Harley, Head of Marketing
3i Infotech (Western Europe)
Switchboard: +44(0)20 7071 3000
P: +44(0)20 7071 3012 / F: +44(0)20 7071 3001.

Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Marketing/Newswire/PR Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: 3i Infotech Limited

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Marketing/Newswire/PR articles,
CATCH Visitors via Your Competitors Announcements!


Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Marketing - 3i-Infotech.com 
+91 22 39145700 marketing[.]3i-infotech.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any 3i Infotech Limited securities in any jurisdiction including any other companies listed or named in this release.

Marketing/Newswire/PR via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From 3i Infotech Limited / Company Profile


Read Marketing/Newswire/PR Most Recent Related Newswires:

Dentsu Named Agency of the Year at Ad Stars 2017
Dentsu Announces Agreement to Acquire a 100% Stake in Little Giant - a Digital Creative Agency in New Zealand
AMA San Diego Debuts Global Brand Identity
Dentsu Announces Agreement to Acquire A 51% Stake In Sokrati - A Data-Driven Performance Marketing Agency in India
Rakuten and Dentsu Establish Rakuten Data Marketing Co., Ltd Offering New Marketing Solutions Integrating the Data and Knowledge of Both Companies
Vehicle-Integrated Solar Panels Market to Expand with Significant CAGR During 2016-2026 Finds PMR
Laser Warning System Market Revenue Growth Predicted by 2025 According to Persistence Market Research
Elevation Gimbal System Market Projected to Witness a Single-Digit CAGR During 2017-2025 Finds PMR
Continuous-flow Stirred-Tank Reactor Market to Significant Growth Foreseen by 2026 Reports Persistence Market Research
Dentsu Announces Agreement to Acquire Majority Stake in Gleam Futures, a Digital-First Talent Management Company in the UK
Dentsu Announces Agreement to Acquire a 100% Stake in The Customer Framework Limited
Dentsu Announces Agreement to Acquire a 100% Stake in Novus Group Holdings Pte Ltd, a Content Marketing Agency in Singapore
Dentsu Announces Agreement to Acquire 95% Stake in Outfox Intelligence AB - the Largest Analytics and Conversion Optimization Company in Sweden
Otsuka Pharmaceutical Co., Ltd Wins Dentsu Advertising Grand Award for the Second Consecutive Year
Dentsu Announces Agreement to Acquire a 100% Stake in SesliHarfler - a Digital Creative Agency in Turkey

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)