Zagreb Stock Exchange (ZSE) has successfully implemented 3i Infotech’s AWACS, an automated, multi-segment market surveillance system.
After selecting AWACS, the ZSE implementation 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.
Roberto Motusi, president of ZSE, 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.”
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