Three Lines of Defence
A structured approach to risk management and governance adopted by leading financial institutions worldwide.
Business Operations
Front-line trading operations that own and manage risk on a daily basis.
Risk & Compliance
Independent oversight functions that challenge and monitor the first line.
Audit & Assurance
Independent assurance on the effectiveness of governance, risk, and controls.
Algo Trading Controls
Robust governance frameworks for algorithmic trading systems
Algorithm Lifecycle
Governance across the full algorithm lifecycle from development to retirement.
- Design & Development
- Testing & Validation
- Approval & Sign-off
- Production Deployment
- Monitoring & Review
- Change Management
- Retirement
Pre-Trade Controls
Controls that prevent erroneous or non-compliant trades from reaching the market.
- Order size limits
- Price collars
- Position limits
- Fat finger checks
- Credit checks
- Regulatory restrictions
Post-Trade Monitoring
Surveillance and monitoring of trading activity for risk and compliance.
- P&L monitoring
- Position monitoring
- Best execution analysis
- Market abuse surveillance
- Transaction reporting
- Anomaly detection
Comprehensive Risk Frameworks
Enterprise-grade risk management for trading operations
Market Risk
Risk of losses from movements in market prices.
Credit Risk
Risk of counterparty default or credit deterioration.
Liquidity Risk
Risk of inability to meet obligations or exit positions.
Operational Risk
Risk of loss from inadequate processes, systems, or external events.
Key Regulatory Frameworks
Deep expertise in algo trading regulations across jurisdictions
MiFID II
EU- Algorithmic trading authorisation
- Systems and controls
- Kill functionality
- Pre and post-trade controls
- Monitoring and surveillance
DORA
EU- ICT risk management framework
- Incident classification and reporting
- Digital operational resilience testing
- Third-party risk management
- Information sharing
SM&CR
UK- Senior manager accountability
- Certification regime
- Conduct rules
- Statements of responsibility
- Fitness and propriety
SEC Rule 15c3-5
USA- Market access controls
- Risk management controls
- Supervisory procedures
- Annual CEO certification
- Erroneous order prevention
Your Outsourced COO Function
You need a COO function, but not necessarily a full-time COO. We provide scalable operational support that grows with your business.
From policy management to regulatory liaison to board reporting — we handle the operational compliance so you can focus on trading.
Policy Management
Maintain and update your policy library with proper version control and attestation.
Compliance Calendar
Track regulatory deadlines, filings, attestations, and renewals across jurisdictions.
Board Reporting
Prepare comprehensive board packs, risk reports, and compliance dashboards.
Regulatory Liaison
Manage relationships and communications with regulatory authorities.
Risk Oversight
Ongoing monitoring of risk metrics, limits, and breaches with escalation procedures.
Operational Support
Day-to-day operational compliance support scaled to your needs.