BYMA chooses Trapets AB for the supervision and control of Capital Markets


BYMA will supervise and control Capital Market operations through InstantWatch, a monitoring and control system aligned with international market standards.
BYMA has chosen Trapets AB, a leading company in Transaction Surveillance solutions, to supervise and control the Capital Market through InstantWatch, a monitoring and control system aligned with international market standards. This is the first implementation of its kind in Argentina, aimed at protecting all market participants, including the minority investor. Trapets AB's state-of-the-art technology enables real-time detection and reporting of possible market abuse practices, as well as tracking distortive activities, minimizing the risk of transactions and ensuring regulatory compliance. The system will provide alerts in case of anomalies that will be thoroughly analyzed by BYMA and consequently reported to the relevant authorities.

BYMA's Manager of Equities and Derivatives, Gonzalo Pascual Merlo, said: "We are constantly looking for new opportunities that allow us to enhance the security we offer to all our participants through state-of-the-art technology. And in this, Trapets AB is a fundamental ally since it allows us to incorporate control standards of the large international markets." And he added: "We are pioneers in incorporating this system in the country, which adjusts to BYMA's current needs".For his part, LATAM Sales Manager of Trapets AB, Mattias Thulin, said: "The ability to easily and quickly detect potential cases of market abuse is an essential issue for the exchanges. InstantWatch was created based on this principle and is today used by the world's leading exchanges, regulators and broker-dealers interested in improving their own internal control indicators and interested in complying with changing external regulatory requirements."InstantWatch incorporates powerful and flexible analysis tools, based on advanced pattern recognition, designed to support financial institutions in detecting and preventing instances of market manipulation, minimizing trading risk and ensuring regulatory compliance.InstantWatch works by collecting and analyzing trading and stock market data, using a search and detection engine that identifies and displays hidden patterns. By taking data directly from trading systems and markets, the application offers an intelligent transaction monitoring and alerting engine with extensive features, and simultaneously provides the ability to manage point-in-time instances of automated reporting and audit trail detection.The InstantWatch implementation process has already begun and will have full implementation in the near term.

About TRAPETS AB
Trapets AB is a leading provider of Transaction/Market Surveillance solutions, AML (anti-money laundering) solutions and KYC (Know Your Customer) solutions. Professional services range from assistance in the implementation of compliance monitoring programs and advanced analytical programs to fully outsourced transaction surveillance service.The company is one of the market leaders in Europe with respect to securities market surveillance and in Northern Europe with respect to AML (anti-money laundering) surveillance. Trapets has developed the "InstantWatch" surveillance and compliance platform, which is one of the most modern, powerful and user-friendly platforms worldwide for automated surveillance and compliance. For more information, please visit www.trapets.com.

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