A black swan is a rare phenomenon in nature and one that lends its name to once-in-a-generation, severe, unexpected events for that reason. The last few years, however, have seen...
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It was during a presentation by the makers of the popular app-based game Candy Crush Saga at a Cloud Provider event in 2017 that Vincent Grandjean began to formulate a...
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Surveillance – specifically trader surveillance – in financial services institutions remains an area of focus for Compliance professionals in 2023. Generally comprising a combination of trade and communications (voice and...
Read MoreSurveillance – specifically trader surveillance – in financial services institutions remains an area of focus for Compliance professionals in 2023. Generally comprising a combination of trade and communications (voice and...
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The dramatic increase over the past decade in the percentage of trading that is carried out electronically has given rise to a plethora of technology providers offering a range of...
Read MoreThe dramatic increase over the past decade in the percentage of trading that is carried out electronically has given rise to a plethora of technology providers offering a range of...
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Pivoting Fixed Income E-trading Technology Assets to Accelerate Compliance In June 2015, a small group of quantitative traders working for the UK division of a Tier I global investment bank...
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New Technology to Address Compliance-by-Policy Inadequacies In recent years, the evolutionary pace of communications technology increased rapidly. Video conferencing, which historically required specialised equipment, is now commonplace and available to...
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Despite astronomical sums being spent by banks on surveillance – almost US$ 740m by 15 surveyed Tier I and Tier II banks alone in the first two years after MAR came into effect in the UK1 – electronic surveillance is still in its infancy, and gaps in efficacy and performance mean that there is appetite for further spending, development and automation.
Since MiFID II’s research unbundling rules came into force in January 2018, with the regulatory intention of eliminating the sellside’s practice of offering investment research as inducements to utilise their...
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The European Securities and Markets Authority’s (ESMA) May 2 announcement that 220 of the 71,000 corporate credit and government bonds traded in the EU during Q1 2018 were deemed liquid came as little surprise to any of the market’s participants, globally.
Trade surveillance encapsulates the processes and procedures that help financial institutions detect and prevent trading rule violations. While various regulations push for increased scrutiny and security, MAR and MiFID II notably have far-reaching implications for trade behavior, post-trade surveillance and pre-trade risk controls checks.