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    AI GOVERNANCE PLATFORM · CAPITAL MARKETS

    Reign for Capital Markets

    AI governance for your trading, execution, surveillance, and clearing workflows. MiFID II + FCA + SEC + CFTC + FINRA aligned. EU AI Act high-risk AI compliance. FINOS AIGF aligned.

    Built for
    MiFID IIFCASECCFTCFINRAEU AI ActISO 42001FINOS AIGF

    WHY NOW

    Microsecond AI. Microsecond evidence.

    Capital markets AI deployments now span execution algorithms, smart order routing, market surveillance, abuse and manipulation detection, post-trade reconciliation, and customer-facing copilots. Surveillance and best-execution evidence cadence has been overrun by the pace of AI change.

    Three converging forces are reshaping how exchanges, broker-dealers, and capital markets infrastructure providers deploy AI:

    01

    MiFID II + best-execution evidence at machine cadence.

    Best-execution and surveillance reconstruction extended to AI-assisted decisions. Replay must hold up to FCA, AMF, and BaFin examinations.

    02

    EU AI Act high-risk obligations from August 2026.

    Trading-decision and surveillance AI systems classified as high-risk under Annex III. Conformity-assessment evidence must be continuous, not periodic.

    03

    Surveillance AI is itself the surveillance subject.

    AI-assisted abuse and manipulation detection has to be auditable and explainable to the same regulators it serves. The watcher is now the watched.

    Reign for Capital Markets sits at that intersection. Built for continuous, replayable AI governance across your trading, surveillance, and post-trade workflows.

    TWO NAMED CAPABILITIES

    Continuous Observability.
    Continuous Assurance.

    Two named outcomes Reign delivers. For every AI and agent decision in your execution, surveillance, post-trade, and customer-facing workflows.

    AI GATEWAY · MODEL RISK VALIDATION

    Continuous Observability

    Every prompt, model invocation, agent decision, drift event, and validation result. Visible in real time. Queryable after the fact. No black-box AI in execution, surveillance, or best-execution evidence workflows.

    What is the system doing right now?

    AUDIT LEDGER (CAVR) · ASSURANCE PACKS

    Continuous Assurance

    Independent, attestable evidence. Packaged for MiFID II best execution, FCA surveillance, SEC + CFTC examinations, and EU AI Act conformity assessment. One evidence spine. Every regulatory framework.

    Can someone independent attest the AI is operating correctly. And prove it to the FCA, SEC, or CFTC?

    ONE SPINE. EVERY REGULATORY FRAMEWORK.

    Native coverage of the regulatory landscape for capital markets AI.

    Reign for Capital Markets maps natively to the frameworks that govern your AI deployments. Exchange, broker-dealer, infrastructure. No custom integration. No translation. Assurance Packs generated from the spine in conformity-assessment-ready format.

    MiFID II

    EU Markets in Financial Instruments Directive

    Best-execution evidence, transaction reporting, and pre/post-trade transparency extended to AI-assisted execution and routing decisions.

    FCA

    UK Financial Conduct Authority

    Market abuse surveillance, conduct risk, and operational resilience expectations extended to AI-assisted surveillance and execution workflows.

    SEC

    US Securities and Exchange Commission

    Reg SCI, Reg ATS, and Rule 15c3-5 expectations for AI-assisted execution, market access, and surveillance systems.

    CFTC

    US Commodity Futures Trading Commission

    Algorithmic trading expectations under CFTC Reg AT principles. Tamper-evident evidence of AI-assisted execution and risk controls.

    FINRA

    US Financial Industry Regulatory Authority

    Supervision, surveillance, and best-execution expectations extended to AI-assisted broker-dealer workflows.

    EU AI Act

    High-Risk AI Systems

    Article 9 risk management, Article 10 data governance, Article 13 transparency. Annex IV technical documentation generated continuously.

    ISO 42001

    AI Management Systems

    International standard for AI management systems. Reign provides the operating layer that ISO 42001-certified capital markets firms require.

    FINOS AIGF

    Open Community Framework

    Reign aligns with the FINOS AI Governance Framework. Open, vendor-neutral, extensible by capital markets firms contributing to the community standard.

    "Aligned". Never "Certified" on behalf of the firm. Reign for Capital Markets provides the platform; certification status remains your organization's.

    WHO REIGN SERVES

    Built for the teams who deploy AI in regulated capital markets.

    CHIEF COMPLIANCE OFFICE

    Surveillance you can defend.

    AI-assisted abuse and manipulation detection that itself is auditable and replayable. MiFID II, FCA, SEC, and CFTC expectations met with continuous evidence. Not quarterly reconstructions.

    MARKET RISK

    Validation extended to AI-assisted execution.

    Algorithmic execution, smart order routing, and AI-assisted risk controls under continuous validation. SR 11-7 / OSFI E-23 / EU AI Act framing applied to capital markets.

    BEST-EXECUTION OFFICE

    Replayable evidence at machine cadence.

    Best-execution decisions reconstructible at the level of every prompt, model invocation, and agent decision. Holds up to FCA, AMF, BaFin, and SEC examination.

    TRADING TECHNOLOGY

    AI tools without the 9-month review.

    Sanctioned access to Cursor, Copilot, and internal MCP servers via Reign Gateway. Forge as the regulated runtime underneath.

    THE REIGN ARCHITECTURE, TUNED FOR CAPITAL MARKETS

    Same spine. Capital-markets-native extensions.

    The same four-component governance spine that already runs at global banks and semiconductor leaders. Extended for your trading, surveillance, post-trade, and customer-facing AI workflows.

    COMPONENT 01

    AI Gateway

    Policy enforcement at the call layer

    Capital Markets extension:

    Capital-markets-grade access controls. Order-aware policy enforcement. Validated access patterns for trading and surveillance environments.

    COMPONENT 02

    Model Risk Validation

    Continuous validation against the regulatory landscape

    Capital Markets extension:

    MiFID II, FCA, SEC, and CFTC fluent. Validation gates extended across LLMs, agents, and embedded AI in execution and surveillance.

    COMPONENT 03

    Audit Ledger (CAVR)

    Tamper-evident evidence of every AI decision

    Capital Markets extension:

    Replayable best-execution and surveillance evidence. Holds up to regulator reconstruction at trade-level granularity.

    COMPONENT 04

    Assurance Packs

    Conformity-ready evidence packages

    Capital Markets extension:

    MiFID II, FCA, SEC, CFTC, FINRA, and EU AI Act conformity packages. Format-aligned to regulator expectations. No manual assembly.

    Three Lines of Defense built in: 1st (Trading & Operations) · 2nd (Risk & Compliance) · 3rd (Internal Audit). With Independent Assurance to FCA, SEC, CFTC, FINRA, and your board.

    HOW WE WORK

    Built with design partners. Co-designed. Co-validated. Shipped inside real regulated environments.

    We are co-designing Reign for Capital Markets with the iTmethods Design Partner Cohort. The same governance spine that already runs in production at global banks and semiconductor leaders, extended for your trading, surveillance, post-trade, and customer-facing AI workflows.

    Cohort engagements run as a joint working team inside your change control, surveillance, and audit posture from day one. We ship against your best-execution cadence and your audit obligations. Not a generic services rhythm.

    Operator heritage. Builder discipline. Cohort posture.

    DEPLOYMENT OPTIONS

    Deploy where your trading environment lives.

    SaaS

    Multi-tenant managed infrastructure. Fast onboarding. Cost-efficient.

    Dedicated Cloud

    Single-tenant managed infrastructure. Trading environment isolation.

    Customer Cloud

    Deployed in your AWS, Azure, or GCP account. Trade-perimeter data, prompts, and weights.

    Air-Gapped

    Sovereign deployment. Zero external connectivity. For the most regulated environments.

    Reign for Capital Markets runs anywhere. And runs best on Forge.

    REIGN DESIGN PARTNER PROGRAM. CAPITAL MARKETS TRACK

    Apply to be a Reign Design Partner.
    Capital Markets Track.

    A small FY26 cohort. Cohort economics aligned for mutual investment. Discussed during scoping.

    • Joint working team operating inside your change control
    • Co-designed validation protocol and evidence standards
    • Direct line to Reign's founding engineers
    • Public reference (with mutual approval)
    • Early access to platform extensions

    Cohort closes September 30, 2026.

    Apply to Reign Design Partner. Capital Markets Track