Virtu disputes the regulator’s claim that employees had ‘unfettered’ access to consumer data.
Most opt for outright ban, but some seek technological solutions to monitor private messaging.
Firms need to actively drive trade surveillance compliance above and beyond regulatory requirements, says Joe Schifano.
The exchange operator announced its intention to acquire the software firm, which combines AxiomSL and Calypso, in a deal that amounts to its largest acquisition to date.
The regulator is concerned that rapid AI adoption will favor incumbent vendors; it aims to launch a sandbox.
As fines levied by the FCA and SEC rise, so too has spending on 'regtech.' But Anthony warns that for the regtech space to evolve further in the future, it must first initiate changes to its ecosystem.
After a record year of fines issued by the SEC, financial services firms are rushing to implement regtech solutions that can help mitigate their financial exposures.
Nick Wallis says that blending rules-based, machine learning and automation techniques can help overcome trade surveillance challenges.
SteelEye CEO Matt Smith talks on the podcast about the regulatory landscape for electronic and voice communications compliance.
As machine learning and natural language processing continue to spread across the industry, WatersTechnology highlights stories from 2022 that feature new use cases.
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
A look at some of the key "people moves" from this week, including Linda Avery (pictured), who joins the EDM Council's board of directors.
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
Anti-money laundering laws and sanctions have brought complexity to banks' KYC/AML processes. Some vendors are responding by investing in their systems.
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
A summary of the latest financial technology news.
As more firms rely on platforms like Zoom and Teams for client and workforce communications, surveillance technology providers are exploring new ways to make sure traders are compliant while working remotely.
A look at some of the key "people moves" from this week, including Barry Raskin (pictured), who joins TickSmith as head of the vendor’s data practice.
A look at some of the key people moves from this week, including Tim Baker (pictured), who joins BMLL as senior advisor.
US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
Through partnerships and acquisitions, communications vendors are integrating voice data into different parts of the trade lifecycle to offer more sophisticated analytics and easier user interfaces.
A look at some of the key "people moves" from this week, including Brian Lynch (pictured), who joins SteelEye as president of US operations.
After years of initial resistance, the capital markets have come to depend heavily on the compute capacity of the public cloud. But increasing market volumes are rapidly outpacing the cloud capacity that organizations thought would be sufficient for…