Detica and Progress have launched a surveillance system to help banks and trading exchanges detect potential rogue trades and market abuse in real time.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
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.
Stock market technology >>
Turquoise selects surveillance system >>
FSA ready for fraudulent trades surge >>