The technological world is an ever-changing sector, and as investment platforms, they need to be on their toes on what is new. We are in that era if an organization snoozes with the upcoming changes they will definitely lose. As investors, we also have to be on the lookout for investment platforms that keep upgrading their platforms with the changing needs.
One of the investment platforms that have taken this step in the right direction is Bitfinex; this is by getting on to the Irisium surveillance platform.
Irisium Ltd, which was formerly known as Anoca Software Ltd, is considered as the leading provider in the market surveillance and analytical software that has been specially made for the financial organizations.
Irisium officially announced that Bitfinex would be integrating with their surveillance platform on the exchange. So this means that Bitfinex will soon be on Irisium.
Bitfinex has been considered as one the most significant cryptocurrency exchanges; this is based on the trade volume that they experience. The new move will definitely bolster that companies’ ability in efficiently investigating and identifying the manipulative behaviors in the market and the dubious trading practices that would take place on the exchange.
As a result, this would significantly improve the visibility and integrity of the market.
Why Bitfinex Chose Irisium
For a company to be successful on the exchange platforms, they will need to invest in proper trade surveillance and also the comprehensive market at large. It is to ensure the company can keep up with the complex needs that are taking place in the evolving digital asset. And also to ensure the sophisticated participants have been adequately protected.
As a result, Bitfinex realized the need for having a flexible surveillance system that has been built in the latest technology they could find in the market. Irisium is confident it is the best option Bitfinex could ever get, this all thanks to the team that is behind this successful surveillance company.
Irisium promises to provide the needed protection for the various participants who will be on the platform, ensuring trading abuses will be kept at bay. The market surveillance services that Irisium offers help in detecting, preventing and managing the risk of market manipulation from taking place.
The other reason that makes Irisium the best surveillance service in the market is the use of innovative and the best technology the market has to offer. The company does not compromise on this, clearly, it fully understands what is at stake. With the innovative technology, this means analytics can easily be carried out at any time across a wide range of collected data.
Thus, this will provide the needed insight to compliance professionals making it super easy for any suspicious activity to be detected quickly.
So what we are saying is, the surveillance services offered by Irisium will provide continuous insightful analytics and the contextual surveillance for the regulators, exchanges, sell side and buy side of the firm. Indeed, this is all-around protection that Bitfinex will be receiving, the right move indeed.
So, Is This The Right Move For Bitfinex?
With the ever-growing digital market, various professional traders are being attracted to the new form of making money. As a company to be successful in this ever growing market they will need to take the necessary measures in protecting investors, something Bitfinex fully understands. As a result, looking for the best surveillance platform the market has to offer should be the next step.
Irisium clearly understands the need for having modern surveillance tools in a company. Thus, there is no better option for Bitfinex than to get on to the Irisium surveillance platform.