Abide Financial

regtech

STATUS: Acquired/Merged
FOUNDING YEAR: 2010
LOCATION: United Kingdom
Last Update: 19/01/2021

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About

NEX is now part of CME Group. Clients can now manage risk and capture opportunities across the trading lifecycle.NEX Regulatory Reporting is a business area operating within NEX Optimisation. Through our multi-regime reporting hub, regulatory obligations are translated into future proof compliant solutions while our specialist advisory teams interpret the impact of evolving markets regulation relating to trade and transaction reporting. In addition to local European regulatory environments (EMIR, MiFID II, REMIT), we are developing a solution for SFTR and provide specialized reporting services for entities subject to international regulatory regimes (ASIC, MAS). We act as a Trade Repository for EMIR, Approved Reporting Mechanism and Approved Publishing Arrangement for MiFID II and a Registered Reporting Mechanism for REMIT.The company acts as a compliance partner for a broad range of market participants like Jupiter Asset Management, ICAP, BNP Paribas, Investec, CMC Markets, Instinet Nomura, GAIN Capital, Saxo Bank, LMAX and others. To find out how NEX Regulatory Reporting can help implement future proof customised reporting solutions, significantly reduce cost and simplify the complexity of transaction reporting please get in touch:

MEDICI Analysis

Abide Financial was acquired by ICAP on Oct 2016, is a regulatory platform that manages transaction reporting for financial and non-financial counterparties in UK, Europe and also helps market participants to meet MiFID, EMIR, REMIT and international reporting obligations.

Focus

PRODUCTS & SERVICES

Regulatory reporting tool for financial services firms

REVENUE MODEL

The company follows SaaS based revenue model.

MAIN CLIENTS

XTX Markets

CMC Markets

Instinet Nomura

Plus 500

BNP Paribas Securities Services

EXISTING PARTNERSHIPS

Partnered with Corvil - to provide real-time analytics services to the customers. Partnered with Eflow Ltd - to support business process management services. Partnered with REGIS-TR - to deliver the highest quality regulatory reporting solutions.

People

FOUNDERS

Collin Coleman

John Abel

Chris Bates

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Collin Coleman(CEO); John Abel(COO); Adrian Palmer(CFO)

NEX Opportunities

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

IPO STATUS

Private

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

NEX Group

ANNOUNCED DATE

Oct 2016

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

284

AVERAGE VISITS (6 MONTHS)

192.07

MONTHLY VISITS GROWTH

487.9%

VISIT DURATION

674

VISIT DURATION GROWTH

2,494.1%

PAGE VIEWS VISIT

5.59

PAGE VIEWS VISIT GROWTH

179.67%

BOUNCE RATE

---

BOUNCE RATE GROWTH

---

GLOBAL TRAFFIC RANK

9,972,746

MONTHLY RANK CHANGE

-20,195,270

MONTHLY RANK GROWTH

-66.94%

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