Buyers Guide: Trade Surveillance Systems

GreySpark Partners presents a report reviewing six third-party
technology vendor trade surveillance systems utilised by both buyside
and sellside markets participants. GreySpark observes that the current
trend among vendors is to increase the configurability of their alerts
and the customisation of their user interface. Analytical
functionality, the ability to reduce false positives from suspicious
incident lists and being able to detect the widest possible range of
trading rule violations have become differentiating factors. Profiling
techniques will also continue to differentiate the product offering as
well as the development of advanced algorithms to uncover more deeply
hidden trading rule violations