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Trader Surveillance: Meeting the Data Challenges of Tomorrow

Home > Perspectives > Trader Surveillance: Meeting the Data Challenges of Tomorrow

Ever since the Market Abuse Regulation (MAR) and the Markets in Financial Instruments Directive II (MiFIDII) came into effect in 2016 and 2018 respectively, trader and employee surveillance have been a growing area for discussion within the financial and regulatory compliance space. Financial Institutions (FIs) typically implement a trader surveillance framework for 2 reasons:

  • Reputational Risk – Internal compliance and investigations
  • Compliance with regulatory requirements.

A survey conducted by PWC in 2019 on market surveillance abuse reported that since the MAR came into effect, the total spent on market surveillance by banks in developing their surveillance capabilities is over $736 Million USD.

In addition to employee and trader’s surveillance, financial crime and regulatory compliance is a booming market. A survey conducted by Refinitiv in 2018, shows that $1.45 trillion of aggregate turnover is being lost annually as a result of financial crime. The number has significantly risen since then. As such, it is in the best interest of FIs to reduce that leak and efforts are being made for this reason. 

Now’s the time to meet the even bigger data challenges of tomorrow with fit for purpose solutions here today – download our new white paper by Exiger’s Avigyan Das & request a demo to find out more.

Key Topics

  • Why More Data = More Problems
  • Trends in the Technology Market
  • The Role of Ethics & Compliance Culture
  • How Exiger Can Help 

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