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Statement relating to media reports about the technology we're developing for traders working at home
We are developing technology specifically to support the compliance environment required for traders and front office staff in financial institutions.
Crucially it is designed to support those adhering to the regulations while remote working, in the least intrusive, pragmatic way.
Trading is highly regulated and there are strict requirements for traders in the workplace - for example secure trading floors without access to personal mobile phones. Regulators have stated that remote working results in a change in risk and requires additional controls and mitigations.
The technology we are developing can be calibrated to banks and individuals’ own needs and working hours.
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