Correctly identifying market abuse
One of the biggest recurring challenges for compliance teams is accurately identifying market abuse.
Being able to minimise false positives and false negatives while simultaneously ensuring that test parameters are rigorous enough to detect real instances of market abuse can feel like walking a tightrope at times, which is why properly calibrating your trade surveillance system is so essential.
To help firms do this, we implement a number of different strategies. For one, we provide information and analytics on how similar firms tend to set their test parameters, providing a rough template that firms can work from when calibrating their own system.
We also provide firms with a sandbox testing environment which they can use to test different system configurations in a risk-free environment before promoting any changes made into their live system.
Beyond this, we also offer a holistic approach to surveillance. By integrating eComms surveillance with trade surveillance, firms are able to see the bigger picture of a trade, gaining context which can be invaluable when attempting to identify instances of market abuse.
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