Not Your Granddad’s Surveillance

For years, sophisticated data monitoring and analytics have been a key component of developing trading strategies. Now, as Joanne Faulkner discovers, firms are taking approaches first developed for use by traders and turning the tables, and are using them outside the trading flow to monitor the traders themselves.

Financial institutions have traditionally only been able to put in place solutions that are fragmented and focus on distinct specialisms, such as analyzing transactional data, or voice and electronic communications, with only limited “joining the dots” between the data points. However, technology advancements are not only allowing institutions to monitor more data, more quickly, but are also expanding the scope of the data they can assess. “When we look at the way misconduct has happened in