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Press release Box-ID: 191798

b-next holding AG Bielefelder Strasse 12 - 14 32051 Herford, Germany http://www.b-next.com
Contact Stefan Queck +49 5221 992800
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b-next holding AG

New MACOC:COI Module

Integrating Conflicts of Interest Management with Compliance

(PresseBox) (Herford (Germany), )
b-next has introduced a new module for identifying and managing conflicts of interest, MACOC:COI, which offers seamless integration with its MACOC:Compliance application through a common Regulatory Business Warehouse (Reg.BW).

The sophisticated monitoring processes of the MACOC:COI and MACOC:Compliance modules work hand in hand within their common platform, MACOC:Suite, to intelligently generate key compliance tools such as watchlists.

For example, potential instances of insider trading identified with the compliance module which may also be relevant for COI checking are automatically transferred to MACOC:COI for further checking. In the reverse direction, potential COI events can likewise be passed to MACOC:Compliance for further checking or to add information to watch lists.

"By directly linking these two applications together, we have been able to significantly increase the benefits of MACOC:Suite for our bank customers,” said Stefan Queck, Sales and Business Development Manager at b-next.

b-next holding AG

b-next Engineering GmbH has been a leading provider of regulatory compliance software for European financial institutions and regulatory authorities for the past 20 years.

b-next has developed, as one of the first in its industry, standard software for the IT implementation of large parts of the MiFID guidelines, for use throughout the EU. Conceived in close cooperation with major banks, the solution covers the requirements within the areas of best execution policy, best execution checking, conflict of interest policy and record keeping.

The MiFID application is a component of the MACOC Suite, employed by over 100 banks in the operational areas of compliance and trading control. With the integration of these MiFID requirements, b-next is in the position to handle these regulatory requirements from a single common platform.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.