---
title: "Success Story: Exchange Simplifies Compliance and Service Assurance"
description: "Corvil delivers a single analytics platform that delivers insight for more efficient and effective business, compliance and service assurance."
type: "case-studies"
date: "2018-04-17"
source: https://www.pico.net/resources/stock-exchange/
markdown_url: https://www.pico.net/resources/stock-exchange.md
---

# Exchange Simplifies Compliance and Service Assurance
## Challenge

**Meeting Expanding Customer Demand and Regulatory Compliance**

- Intense regulatory scrutiny (Reg603a, RegSCI) that was increasingly difficult to satisfy without independent oversight and on-demand forensic analysis

- Responsiveness to customer order execution inquiries without dedicating significant resources to develop monitoring and analysis tools

- Assuring optimal plant performance, capacity, and availability as customer demand grew

## Solution

**Single Streaming Analytics Platform that Delivered Business, Compliance and Operational Intelligence**

- Independent and continuous comparative analysis of outgoing market data to CTA and UTP securities information processors and across multiple proprietary protocols in support of Reg 603a compliance

- Independent, precision [time-sequenced order execution](https://www.pico.net/products/corvil-analytics/) and market data records which serve as evidence for regulatory inquiries

- Proactive oversight and alerting for RegSCI compliance, including external venues providing market data or executing externally routed order flow

-
[Market data](https://www.pico.net/products/corvil-analytics/market-data-analytics/) quality insights across all third-party feeds to assure timely, complete price data

- Visibility into [member firm's order execution and performance](https://www.pico.net/products/corvil-analytics/); searchable by member firm, by order type or by trading symbol

- Infrastructure and platform metrics to optimize capacity planning

- Analytics-driven workflows for rapid investigation of and response to regulator and customer electronic transaction inquiries

## Results

**More Efficient and Effective Regulatory Compliance and Service Assurance**

↓ Mean time to respond to regulatory and client inquiries

↓ Regulatory tail-risk through delivery of continuous independent analysis

↓ Opportunity cost of using developers to implement compliance-driven monitoring and analytics changes

↓ Risk of rapid business expansion by providing service and execution assurance capabilities

↑ Staff productivity through automation