Market surveillance firm Ancoa sets up advisory board

Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board and appointing two members to guide the firm’s management team.

Hugo Jenkins and John Barker, who each count more than 30-years’ experience in finance and compliance, will join the Ancoa board.

“We are honoured to welcome Hugo and John to our Advisory Board,” says Ancoa CEO Kurt Vandebroek.

“Such senior and experienced veterans strengthen Ancoa’s position to provide our ever-expanding customer base across all asset classes with their market surveillance requirements and growing need for up to date business insight.”

The firm says the creation of the advisory board reflects the need for market surveillance technology as increasing regulatory requirements, such as those set out by the Market Abuse Regulation (MAR) which came into force this summer, create greater demand.

London-based Ancoa has raised $6.4m in funding to date.

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