Sell-Side Technology Awards 2022: Best sell-side market surveillance product—Nice Actimize
OVERVIEW
Nice Actimize’s Surveil-X Holistic Conduct Surveillance platform provides surveillance coverage with both AI-powered and traditional expert rule-based analytics, and advanced visualization tools, all on a cloud-native platform that enables more accurate and efficient risk detection.
The Surveil-X platform is designed to:
- Ensure global regulatory coverage for all asset classes and exchange-traded, OTC and crypto currencies
- Enable intent-based detection of market abuse, including cross-market and cross-product analytics
- Provide efficient investigations with intuitive alerts and explainable results, and market visualization enabling quick decisions of potential risks
- Deliver customizable detection models with a self-development analytics toolkit
“We purchased the Surveil-X solution in early 2021, after a brief and successful proof-of-value. A key reason for the selection of Surveil-X was the self-service analytics capabilities the solution offered. Throughout the entire process, the Nice Actimize team took our feedback, and has already introduced new features that enabled us to develop models we plan for coverage and also to improve the user experience. We are now ramping up our model development for use across Ireland, England, China, and the US, and the speed and ease at which our team has been able to develop the models gives us such confidence for the future.”
Nice Actimize client
THE SOLUTION
Nice Actimize Surveil-X Holistic Conduct Surveillance is designed to support unified compliance, supervision and investigation workflows, and behavioral and trade surveillance analytics. Users can supervise, search and review all transactions and communications, creating efficiency while providing comprehensive risk controls.
Surveil-X incorporates ActOne, the case management platform, enabling compliance analysts to review transactional alerts and find related risk surrounding the alerts. An annual subscription fee includes market data feeds from more than 180 exchanges and access to ActOne at no additional cost. Surveil-X can be deployed in a matter of weeks, meeting business and regulatory deadlines. It’s a fully supported and secure solution that can be deployed at locations with limited IT support.
WHAT’S TO COME
Nice Actimize’s top three product initiatives for the next 12 to 18 months are:
- Development of a rule authoring tool, tuning, and simulations
- Increasing the number of regulated employee communication modalities able to be captured
- Expanding the conduct solution set. Anti-money laundering for capital markets will also be introduced.
WHY THEY WON
Nice Actimize wins what has become one of the most competitive categories of all 30 on offer in the annual Sell-Side Technology Awards, thanks to its Surveil-X Holistic Conduct Surveillance platform. The offering allows user firms to supervise, search and review employee transactions and communications from across the enterprise through AI-driven and traditional rule-based analytics in order to comply with global regulations across all asset classes and minimize operational and reputational risk.
“Our surveillance and monitoring solutions address the challenges of hybrid environments. As we innovate with AI, machine learning and cloud delivery, we optimize operations and lower costs while meeting the demands of the changing regulatory landscape. The solution detects risky behavior stemming from communications and trading in all major asset classes. Surveil-X supports market abuse detection, trade surveillance capabilities, and communication surveillance capabilities through more than 150 analytical models and 180 real-time data sources. Our integrations in both trade and communications surveillance are key differentiators.”
Lee Garf, general manager, financial markets compliance, Nice Actimize
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Best private markets data provider—MSCI
MSCI’s Private Capital Transparency standardises manager‑reported and independent private‑asset data, linking private and public markets.
Most innovative market data project/initiative—firmfact
Firmfact automates market‑data contracts, invoices and entitlements for banks and asset managers. Its AI reads documents, matches invoices line‑by‑line and verifies licences with minimal keying.
Best market data newcomer (vendor or product)—Octaura
Octaura’s Insights Platform is an integrated market intelligence and analytics offering purpose-built for the leveraged loan market.
Best market data provider (broker)—Fenics Market Data & Analytics
FMD’s Broker Data service draws on BGC Group’s global brokerage operations to provide pricing, trade and order-flow information across FX, rates, fixed income, commodities and derivatives.
Best evaluated pricing service provider/vendor—Infront
Infront Quant supplies independent, cross‑asset valuations with a “white‑box approach”, offering level 1 and 2 transparency.
IMD & IRD Awards 2026 winner’s interview—Smartstream
Smartstream wins Best reference data managed service at the IMD & IRD Awards 2026
Best reference data integration vendor—Gresham
Gresham’s AI-native EDM Suite combines data from disparate sources and systems and provides user-firms with a single point of integration across the data life cycle.
Best ESG data initiative—Bloomberg
Bloomberg’s Impact and Allocation dataset provides investors with a consistent means of assessing how proceeds are being deployed and what outcomes issuers report.
