Trade Surveillance Solutions

Learn more about TZ – our comprehensive trade surveillance solution. All our solutions come with free proof of concept. For more information, click the button below.

Exception Based Testing

Set your own benchmarks and parameters. Any transaction that doesn’t meet your criteria will generate an alert which you can examine.

Customisable Parameters

TZ’s settings and test parameters are entirely customisable, giving you complete control over the alerts you see. 

Global Multi-Venue Analysis

Reference and market data is collected from over 250 global sources through our market data partners.

Preset and Bespoke Reports

TZ offers a wide range of best execution reports, including RTS 27 and RTS 28 functionality. 

Large Volume Data Handling

TZ can ingest and process extremely large volumes of data – millions of trades can be processed every day.

Immediate Access to Data

Reports can be compiled at any time and for any date range, allowing you to access all your data at the click of a button.

Hosted and In-House Solutions

Whether you’re looking for an in-house or hosted solution, we can provide a flexible trade surveillance system to suit your needs.

Workflow Management

Generate audit trails, run management reports and set up a custom workflow – you have full control.

Visual and Statistical Data

Generate customisable charts and graphs to visually represent your data, or export tables as PDFs or Excel files.

regulatory compliance for modern markets

An effective trade surveillance system is key to providing clarity and transparency in today’s global market. With so many regulatory requirements to adhere to, a forward-thinking strategy around trade surveillance and compliance monitoring doesn’t just help you to meet regulations – it can help you surpass them. With the right trade surveillance systems, you can generate insight, reduce the risks of penalties and keep your firm competitive.

the core modules of tz

Our TZ system is comprised of three core modules, each of which is designed specifically to help your firm achieve total regulatory compliance. The three core modules of TZ are:

Market Abuse

TZ for Market Abuse is a solution that’s both comprehensive and flexible, and gives your firm full compliance with MAD, MAD II and MAR.

Best Execution

TZ for Best Execution gives firms access to instant reporting and analysis, and offers bespoke solutions for all varieties of financial firm.

TCA (Transaction Cost Analysis)

TZ for Transaction Cost Analysis Solution helps firms to understand helps firms to understand whether the correct procedure was followed in line with MiFID II regulations and your best execution policy

why choose tz

TZ for Trade Surveillance or Market Abuse is our comprehensive solution for efficient trade surveillance and compliance monitoring. It helps firms meet best practice requirements for regulatory reporting and market manipulation detection, and is fully customisable to meet your specific trade surveillance needs.

With the Trade Surveillance or Market Abuse product, you can enjoy all the benefits of an off-the-shelf solution with a flexible, tailored bespoke service.

TZ for Trade Surveillance or Market Abuse is fully compliant with the requirements set out in the Markets in Financial Instruments Directive (MiFID I and II) and the Market Abuse Directive (MAD I and II), as well as North America’s Dodd Frank Reform, Volcker Rule and Market Abuse Directive.

ESMA Publishes Opinions on Position Limits under MiFID II

Updated Opinions on Position Limits Under MiFID II Published by ESMA On February 7th, ESMA published seven opinions on position limits regarding commodity derivatives under MiFID II/MiFIR.  The opinions published by ESMA agree with a number of proposed position limits regarding:  ICE Endex Dutch...

Non-Compliance Fines Exceed $36 Billion Since 2008 Financial Crisis

Global financial institutions have been fined over $36 billion since 2008 At the close of the decade, global fines for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and sanctions regulations have exceeded $36 billion since the financial crisis of 2007-2008.  2019 saw a...

FSMA Releases Brochure on MiFID II Investor Protection Rules

FSMA Publishes Educational Brochure on MiFID II Investor Protection The Financial Services and Markets Authority (FSMA) has published a brochure intended to help investors and consumers better understand their rights.  The brochure also outlines what obligations bind the firms who provide them...

MiFID III – How Regulatory Bodies Can Improve On MiFID II

REGULATORY MiFID III - How Regulatory Bodies Can Improve On MiFID II It has now been two years since MiFID II was first implemented, and its impact on investors and the markets more generally is gradually becoming clearer.  With this clarity comes a greater understanding of how some of the more...

Fifth Of UK Fund Managers Admit To Inaccurate Reporting

Fifth Of UK Fund Managers Make Reporting Errors to FCA According to data obtained under an FOI request by Duff & Phelps, approximately one-fifth of all UK fund managers are guilty of making errors in their transaction reporting to the Financial Conduct Authority (FCA).  These errors have been...

covered asset classes

The TZ system can process a wide variety of asset classes. The diagram below indicates what asset classes are covered by the TZ system.

 

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