Trade Surveillance Solutions Navigating the Regulatory, Operational, and Technology Requirements for Successful Implementation

A flexible and robust trade surveillance solution that can detect potential market abuse in a global environment across a wide variety of trading instruments is critical to complying with recent regulatory changes and reducing regulatory compliance risk. Implementing and maintaining a solution is a large and challenging endeavor. Doing it on schedule, within budget, and without rework requires detailed planning plus the synthesis of expertise in regulatory compliance, capital markets, and technology. In this white paper, the authors discuss the need for financial services firms’ trade surveillance solutions to be properly configured and calibrated, and they provide a risk-based approach to trade surveillance, lessons gleaned from completed implementations, and technological options for ongoing monitoring.