|By Business Wire||
|August 29, 2013 04:23 AM EDT||
Trapets AB, one of Europe’s leading suppliers of trade surveillance systems to the financial services sector, today announces the hire of Peter Nylén, a leading authority in the area of trade surveillance.
Peter has ten years of experience of surveillance and compliance from working with both regulator and exchange. Before joining Trapets AB he was Head of Market Surveillance at Burgundy AB where he had the overall responsibility of complying with all rules and regulations. Before that he worked at the Swedish Supervisory Authority as Senior Investigator at Market Supervision.
“Peter’s depth and breadth of subject matter expertise will strengthen Trapets AB’s ability to give customers the absolute best expertise in market surveillance systems and applications”, says Dan Sjöholm, CEO of Trapets.
“It will be exciting to work at Trapets AB and I’m looking forward to contributing with my knowledge and experience to develop and improve Trapets offers regarding surveillance and compliance”, says Peter Nylén.
Trapets AB is an expert company specialized in systems for automatic transaction surveillance and compliance for the global finance industry. Trapets provides total solutions, from systems and support to expert consulting and training. The company is one of the market leaders in Europe and in Bangladesh regarding securities market surveillance and in Northern Europe regarding AML, anti-money laundering surveillance and screening of end customers against sanctions, Ofac and PEP lists.
Trapets has developed the surveillance and compliance platform InstantWatch, which is one of the most modern, powerful and user friendly platforms for automatic surveillance and compliance in the world. The system analyses flows of transactions in real time, i.e. trades, orders and prices from stock exchanges, and alerts according to a configurable rule system.
Read more about Trapets at www.trapets.com
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