CrossCheck One™ is Born Technology’s Unified Solution for Buy-Side MiFID II Surveillance and Reporting

Category: News Post Date: June 4, 2018

CrossCheck One™ is Born Technology’s Unified Solution for Buy-Side MiFID II Surveillance and Reporting

Born Technology is pleased to announce the introduction of CrossCheck One, a unified tool for MiFID II surveillance, reporting and data management. This turnkey solution enables buy-side firms to meet multiple MiFID II, MAR and PRA requirements – all via a single vendor and cost-efficient platform.

“European buy-side clients have come under significant pressure due to new regulatory requirements including market abuse monitoring, real-time algorithm and DEA monitoring as well as MiFID II transaction and EMIR reporting,” said Derek Haworth, CEO of Born Technology. “We are hearing that the buy-side has endured significant vendor fatigue, managing too many relationships with too many vendors to solve the increasing regulatory requirements.”

Taking all of these issues into consideration, Born Technology has launched CrossCheck One as a unified platform for solving multiple MiFID II requirements via one terminal. Eliminating the need for multiple vendor relationships, this multi-asset class platform manages futures, equities, fixed income as well as foreign exchange data regulatory requirements.

CrossCheck One is a SaaS based system with a web browser interface for easy deployment on all devices. It has been built on infrastructure that has been in production for almost a decade and successfully processed billions of transactions.