In the past year, eflow’s client base expanded by 57%, leading to the appointment of Jonathan Dixon as Head of Trade Surveillance. Dixon, formerly with Eventus as Director of Regulatory Affairs (EMEA), and with experience at Kraken, Barclays, and Accenture, will steer the strategic growth of eflow’s trade surveillance solutions.

To spearhead US growth, Casey Stanley, based in Boston, joins eflow as Sales Director. Stanley brings over two decades of experience, including positions at S&P Global and Thomson Reuters. Sam Roberts, with a similar tenure in B2B marketing, takes on the role of Head of Marketing, leading eflow’s global branding and promotional activities.

Over the last 12 months, eflow has maintained a 96% client retention rate and has welcomed numerous new international clients from regions including Europe, North America, and APAC. The firm now serves over 110 clients, many utilising multiple eflow solutions for market abuse surveillance, transaction-cost analysis, transaction reporting, and eComms surveillance.

In 2023, eflow’s expansion was marked by the launch of new technology offerings, including a novel aggregator model for TZTR (its transaction reporting platform), and three significant updates to its trade surveillance and best execution modules.

Ben Parker, CEO and Founder at eflow Global, commented: “Global socioeconomic events and the surge in AI’s capabilities in the past 12 months have all played a part in mounting regulatory pressure that financial firms are facing. It’s harder than ever to stay compliant, and we know first hand that increasing scrutiny from global regulators and cross border challenges have contributed to this.”

He added: “eflow’s expansion will help mitigate these issues across the board and we’re excited to bring our technology to a new audience of financial institutions worldwide. The appointment of our new senior hires will help us to execute this vision and make a huge difference in supporting firms with their regulatory challenges.”

Jonathan Dixon, Head of Surveillance at eflow Global commented: “The only way for businesses to keep pace with continuously evolving regulation is through the implementation of cutting-edge technology. With regulator expectations growing and new legislation, such as the EMIR Refit, coming into play in 2024, I'm thrilled to be joining the team to help redefine compliance for businesses worldwide.”

The company’s emphasis on enabling firms to simplify compliance procedures while strengthening their governance has gained eflow Global a reputation as a leading RegTech provider. Its solutions are currently used by over 110 financial institutions including Aegon Asset Management and Plus500.