ION announces honors for LookOut at RegTech Insight Europe Awards 2022

LONDON – 27 May 2022: ION Markets, a global provider of trading platforms, analytics, and risk management solutions for capital markets, is pleased to announce that LookOut (by LIST, an ION company) won Best Solution for Records Retention at the RegTech Insight Europe Awards 2022. The annual awards, presented yesterday, recognize RegTech solutions that have successfully improved firms’ ability to respond effectively to the evolving and ever more complex regulatory requirements across the global financial services industry.

LookOut is LIST’s multi-asset solution for record-keeping, to which award-winning market surveillance, regulatory reporting, and business analytics can be added. By design, it offers a robust, reliable yet flexible, and fast system for data collection, storage, retrieval, and analysis by buy-side and sell-side firms, and trading venues.

The RegTech Insight Europe Best Solution for Records Retention award acknowledges the achievements of vendors of records retention software solutions to assist firms with their record and document management obligations. The context of the award lies in the unprecedented growth in new regulations and directives aimed at trading activity in recent years. Globalization and similarities in regulations worldwide have led to the industry adopting regulation-specific compliance tools for record-keeping, monitoring, and reporting.

Commenting on LookOut’s triumph, Antonella Giani, LookOut Product Manager, said, “As a technology provider that delivers solutions for trading and trading compliance, LIST identified several common characteristics in the recent regulations. We then built a single and unique system, able to put the salient features in a single, normalized data model. As evidence of this, LookOut navigates through all the major regulatory landscapes and complies with European surveillance regulations, meeting the obligations embodied in MAD/MAR, as well as Canada, Hong Kong, India, Indonesia, Singapore, and the USA.”

Angela Wilbraham, CEO at A-Team Group, said, “Congratulations LIST for winning this year’s RegTech Insight Award Europe for Best Solution for Records Retention. This year’s RegTech Insight Europe awards have been extremely popular and competitive, highlighting established solution providers and innovative newcomers that help capital markets participants respond effectively and efficiently to evolving and ever more complex regulatory requirements across the global financial services industry.”

LookOut’s strengths include easy integration with client data infrastructure (across front- to back-office); data validation and transformation; efficient and scalable processing of a large amount of data; plus cross-market and cross-asset scope. The latter includes debt and money markets instruments, interest rates derivatives, equities and equity derivatives, securitized derivatives, certificates, commodity derivatives, contracts for difference, credit derivatives, currency and foreign exchange derivatives, exchange traded products, and energy. Moreover, LookOut monitors data in real time, then generates reports and alerts; provides a comprehensive workflow management system; and boasts built-in connectivity with reporting entities and National Competent Authorities. The solution offers a web-based interface, with monitoring dashboards and drill-down functionalities.

RegTech Insight Europe Awards are adjudicated through online voting within the RegTech Insight community, whose industry opinion is highly valued.