SCILA SIGNS CONTRACT WITH OPTIVER TO PROVIDE MARKET SURVEILLANCE TECHNOLOGY THROUGHOUT ASIA-PACIFIC REGION

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7 August 2014
Sweden

Scila AB signs contract with Optiver Pty Limited to provide Market Surveillance technology throughout Asia-Pacific region

Following a successful three month Proof-of-Concept, Scila has signed a contract with leading trading firm Optiver to evaluate Scila's surveillance product during a 6-month period. During this period, Optiver will work closely with Scila to evaluate Scila's capabilities of trading surveillance in the Asia-Pacific markets.

“We are glad to continue our relationship with Optiver Asia Pacific and demonstrate our ability to tailor a surveillance system to their specific needs”, says Lars-Ivar Sellberg, Executive Chairman of Scila AB.

During the Proof-of-Concept implementation, the team from Scila has been working closely with Optiver on site in Sydney to roll out a surveillance system for two of the major Asian markets. “We have enjoyed working with the team at Optiver, and we will continue to provide first class support during the 6 month evaluation period”, says Lars Gräns, PoC Project Manager at Scila AB.

Scila has been active in the Asia-Pacific Region since 2008 and has successfully deployed state-of-the-art multi-asset surveillance systems to Stock Exchange of Thailand among other entities.

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