About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Kaizen Acquires Red Deer to Add Surveillance to Compliance Platform

Subscribe to our newsletter

Kaizen Reporting has acquired Red Deer, a provider of integrated compliance solutions for surveillance and research workflows. Red Deer’s surveillance and research tools will be available via the Kaizen Hub, a web-based platform for accessing a range of compliance tools.

Terms of the deal weren’t disclosed.

The Red Deer platform aims to help middle office and compliance teams at banks, asset management and trading firms comply with regulations, including market abuse and manipulation. Red Deer’s trade and communications surveillance technology helps companies identify market abuse like spoofing, layering and other forms of manipulation in exchange and OTC markets.

Its communications surveillance product, meanwhile, can scan and trace emails and chat conversations for signs of prohibited activity. Red Deer’s online research management tools provide solutions for managing MiFID II’s Unbundling and Fair Value rules.

According to Dario Crispini, CEO of Kaizen Reporting, “we are always looking to diversify our compliance offering for clients. The acquisition of Red Deer demonstrates our strengths in supporting clients with their regulatory and compliance needs and we’re delighted to offer this new range of surveillance and research tools to our clients through the Kaizen Hub.”

The transaction follows last month’s acquisition by Kaizen of a majority stake in London Reporting House, a new service that offers insight into the repo market. London Reporting House’s platform anonymises, aggregates, enriches and analyses raw SFTR trade data from multiple sources to provide unprecedented views over, and depth into, the EU and UK repo markets. As with Red Deer, London Reporting House products and analytics tools will be available via the Kaizen Hub.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: ESG: A Growth Opportunity and a Regulatory Challenge

ESG investing, regulation and compliance are central concerns for financial institutions, although not all jurisdictions are equal. In the US, ESG has become a partisan issue making SEC regulation uncertain; the EU is on good form and has already implemented multiple regulations; and Asia Pacific is advancing as regulators and exchanges deploy ESG rules. Greenwashing...

BLOG

VerifyVASP Becomes First LEI Validation Agent Operating Exclusively in Crypto and Digital Asset Trading

VerifyVASP, a Singapore-based RegTech solution provider to virtual asset service providers (VASPs), has joined the Global LEI System as a validation agent. The company is the first validation agent to operate exclusively in the crypto and digital asset trading space. As a validation agent, VerifyVASP can help obtain Legal Entity Identifiers (LEIs) for its VASP...

EVENT

RegTech Summit New York

Now in its 6th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...