News

Mercuria Selects K3 for Global Compliance and Integration

K3 to be a centerpiece of Mercuria’s compliance data architecture.

BroadPeak Partners, the company behind K3, is pleased to announce that Mercuria Energy Group (“Mercuria”) will be using K3 to further enhance its global reporting and surveillance programs. K3 supports regulatory reporting with, rules and validations across 4 continents and fulfills Mercuria’s global reporting, limits, and surveillance obligations.

Victoria Attwood Scott Group Head of Compliance at Mercuria said, “K3 is a strategic choice in our efforts to drive efficiency.  K3 gives me one place to review and monitor our compliance fundamentals whether it is FinfraG reporting or our positions versus limits on ICE.  “By using K3 we are not only assured that we are meeting today’s requirements but also that we are meeting tomorrow’s.”

Gordon Allott, President & CEO of BroadPeak Partners, “We are very excited to have Mercuria on board.  As a leader in global commodity trading we are happy to have Mercuria select K3 and further strengthen K3’s title as the regulatory software of choice “

Commenting on the accord, Bart Bream, Chief Technology Officer of Mercuria, said, “K3’s flexibility to easily integrate with our existing technology stack and global coverage made it an easy choice for our needs”.

K3 is the leading integration and analytic platform for trading.  K3 has become a force in powerful and easy to use integration and technology.  Designed from the ground up to easily connect and transform data from any source, K3 is designed to intuitively command global data challenges.

About BroadPeak

Founded in 2007, BroadPeak Partners is a NYC based software company and the developer of K3. Named as one of the most disruptive technologies by TechCrunch, K3 has brought the power of agile data integrations to Fortune 1000 companies around the globe.

While K3 could be categorized under terms like middleware, ESB, ETL and SOA, at the end of the day it’s brilliant data plumbing. K3 is a quick to deploy and easy to manage application that makes enterprise application integrations more efficient and substantially reduces maintenance workloads. K3’s unrivaled technology is ready to meet MiFID II challenges and builds on existing regulatory reporting (Dodd-Frank, EMIR, Canada, etc) for a suite of global trading customers.