Detica and Progress have launched a surveillance system
to help banks and trading exchanges detect potential rogue trades
and market abuse in real time.
The
Detica Market Surveillance Accelerator is powered by the
Progress Apama Complex Event Processing platform.
The system lets financial institutions and exchanges monitor
trading activity and identify suspicious transactions.
This includes market manipulation such as
front-running,
painting
the tape,
washing
and
ramping.
The system can be deployed and calibrated to meet client-specific
requirements.
In addition to the market surveillance business logic, prebuilt
and customisable dashboards are offered for trade and market
surveillance monitoring.
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