Trading volumes have increased dramatically to billions per day. In spite of this mind-boggling growth, prime brokerages and trading firms are expected to manage and validate that all functions and all data going through them are legitimate and legal. It’s how the SEC ensures that no collusion is taking place.
Prime brokerages must surveil on behalf of their clients and enable the transparency required by the government. But with the advent of the Dodd-Frank Act, even smaller trading firms must surveil and report on activities. Whether you’re a prime brokerage or small trading firm, you need to capture trades in flight and back test them for market exposure.
But the requirements don’t stop there. In addition to making sure all activities are handled legally, you must also maintain data for possible litigation purposes.
While surveilling to satisfy regulatory requirements can seem like a burden, you can position your surveillance capabilities as a competitive advantage. By demonstrating that you enable more transparency than the competition, you’re more likely to win new business.
With deep expertise in the financial and capital markets, iSys can assess your firm’s surveillance requirements and recommend the best solutions based on your data volumes and business model.