NEURENSIC AND CATELAS DELIVER INTEGRATED HOLISTIC SURVEILLANCE OFFERING
CHICAGO and BOSTON, March 15, 2016 – Catelas®, the leading provider of ‘eComms Surveillance’ solutions, and Neurensic, a funded startup with artificial intelligence-powered compliance tools, announced at SIFMA’s Compliance & Legal Society 48th Annual Seminar and FIA’s International Futures Industry Conference (Boca) a new partnership to deliver an integrated holistic surveillance solution for asset managers, hedge funds, broker-dealers, exchanges, and regulators.
“Catelas brings impressive innovation to the eComms space,” said David Widerhorn, co-founder and CEO of Neurensic. “This integration not only links trades with messaging, it uncovers the relevant parties, relationships, and possible collusive networks associated with each trade cluster. Each trader’s risk is based on a complete picture – the people, the messages, the trades, and the news. This solution alleviates the risks and burdens associated with putting together results from disparate systems. We have replaced keyword searches with behavior science and ‘if-then’ rules with intent-based risk scores.”
“People trade, people talk, people collaborate, and collude. To understand risk you need to see and understand the whole picture – it’s not just about rules and keywords, it’s about holistic risk,” said Eddie Cogan, Founder and CEO of Catelas. “I am very excited by this integration. Neurensic’s machine learning tools uncover trading risks and Catelas correlates that activity with associated communication risk. That’s holistic surveillance and that’s the next generation of regulatory protection.”
About Catelas: Catelas solutions are used by Legal, Compliance, and Information Security to provide unprecedented insight into how a company does business and the associated risks. Founded in 2007, Catelas software has been deployed at global consultancies, asset managers, hedge funds and, large global banks. The Catelas eComms Supervision, Surveillance & Investigative platform provides firms with a highly defensible holistic solution that significantly improves Compliance effectiveness. Alerts are effectively correlated, risks quickly uncovered, and reports automatically generated. Catelas allows the legal and compliance functions to make better decisions earlier, reduce risk and avoid surprises downstream. For more information, visit www.catelas.com, or at http://www.linkedin.com/company/425197.
About Neurensic: Founded in 2015, Neurensic’s mission is to strengthen and protect our most vital industries by using machine learning technology to reveal insights from their data and empower them to evolve into the future. Its vision is to enable industry measures of risk and quality that evolve and learn as conditions change, bringing together business communities by creating unified standards to address difficult and uncertain issues. Learn more at www.neurensic.com.
Catelas Media Contact: Ben Hogan firstname.lastname@example.org +1 (347) 455-1955 (office)
Neurensic Media Contact: Andrew Hennessy Andrew@3PTsComm.com +1 (312) 725-7951 (office)