OTC Markets Group Inc.(OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, today introduced CanariSM— apremium web-based tool designed to provide users with acomprehensiveview of quantitative compliance data for OTCQX, OTCQB, Pink and Grey Market securities.
Through its intuitive user interface, Canari helps clients quickly access risk scoring metrics and drill down into 110 essential data points at the security level. The tool also provides the latest metrics in aggregate across a range of data points including risk scoring changes, price movement and newly promoted securities.
“The launch of Canari extends the reach of our Compliance Analytics product by offering a user-friendly, web-based tool which allows compliance teams to interact directly with the data that is most relevant to their policies,” saidMatthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. “As broker-dealers and financial institutions continuously look to evolve their risk management and compliance processes, it is essential to build and scale products that provide the industry with efficient ways to monitor OTC securities.”
Canari allows users to interact with the Compliance Analytics risk scoring system. The methodology considers 19 risk factors including:Caveat Emptor status, Penny Stock Status, Name Changes, Price/Volume Changes, Changes to Shares Outstanding, Shell Risk and Promotion Data, and “Hot Sector” information (Cannabis, Cryptocurrency/Blockchain).All of these risk factors are ranked individually and then aggregated to determine the security’s risk score.
To learn more about Canari from OTC Markets Group, please visithttps://canari.otcmarkets.com.