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FIMAS in strategic relationship with Scila

10-01-2013 05:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: FIMAS GmbH

FIMAS GmbH is pleased to announce a strategic relationship with Scila AB, as an implementation partner for Scila Compliance in the German marketplace.

FIMAS, Financial Markets Solutions, is a Frankfurt based team of business and technology consultants that specialize in the financial markets industry. Scila is a Stockholm based company that delivers software solutions globally to trading venues, investment banks, brokers and regulators.
The Scila product line currently includes Scila Compliance for banks and brokers, Scila Surveillance for trading venues, and Scila Regulator for market regulators.
Target users for Scila products include heads of trading, compliance officers, risk managers, sales analysts, execution desks, exchange staff and regulators. Scila has a global customer base of nine countries, including Deutsche Börse in Germany.

"Scila Compliance is a flexible and highly efficient solution that will deliver tremendous value to the banks and brokers here in Germany. We have been working closely with Scila on their product implementation at Eurex and are very excited about this strategic partnership." Karsten Sommer, Managing Partner, FIMAS GmbH.

"We have provided trading surveillance technology to Deutsche Börse Group since 2011, so it is natural for us to target the German market for our Compliance solution. FIMAS and Scila know each other well from our work at Eurex, and FIMAS will be an ideal implementation partner in the German marketplace." Lars-Ivar Sellberg, Executive Chairman, Scila AB.

About FIMAS
FIMAS, Financial Market Solutions, is a team of business and technology consultants dedicated to the global financial markets industry. FIMAS consultants are experts in the technology that drives financial markets, including electronic trading, front office, middle office, back office and risk management systems. For additional information about FIMAS, please visit www.fimas-consulting.com.

About Scila
Scila provides trading surveillance products built on many years of experience from both market surveillance and systems design. Scila Surveillance uses modern technology to give the customer a seamless route from detection of market abuse to presentable evidence. Scila delivers the future in modern market surveillance technology by offering trading venues, regulators and market participants the most competitive solution available. Scila's sales and marketing partner Cinnober Financial Technology owns a minority stake in Scila AB and there is an exclusive sales agreement between the two companies. For additional information about Scila AB, please visit www.scila.se.

FIMAS Consulting
Steffen Rein
Mergenthalerallee 45-47
65067 Eschborn
steffen.rein@fimas-consulting.com

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