Trading Technologies Makes Surveillance Play with Neurensic Acquisition
Vendor picks up fintech firm for undisclosed amount, will incorporate machine learning into trade oversight.
A number of firms are exploring how AI and machine learning can be integrated with market surveillance.
Neurensic, founded in 2015, uses artificial intelligence (AI) techniques to analyze trading patterns for potential compliance violations in near-real-time. The team will join Trading Technologies, a vendor that specializes in electronic derivatives trading.
Trading Technologies has acquired a “handful” of key personnel along with the company’s technology, intellectual property, and elements that comprise its “functional parts,” chief executive officer Rick Lane told journalists in a press
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