About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SteelEye Reports Increasing Demand for Integrated Surveillance as Regulatory Crackdown Continues

Subscribe to our newsletter

Demand for integrated trade and communications surveillance among financial institutions has surged by 100% this year following heightened regulatory scrutiny across financial markets, according to recent research by SteelEye. The company’s 2023 Annual Compliance Health Check Report, which surveyed more than 300 senior financial services compliance and risk professionals, found integrated surveillance is now a key investment area for 26% of financial firms, compared to 13% in 2022.

SteelEye describes integrated surveillance as the ability to holistically combine, monitor, and analyse structured and unstructured data across trades, orders, communications, and contextual sources such as news and market data. Doing so can uncover risks that otherwise go unnoticed when trade and communications surveillance systems are siloed.

“While regulatory rules haven’t changed much in recent years, the expectations of regulators are higher than ever given how advanced technology in this space has become,” says Matt Smith, CEO of SteelEye. “To meet regulatory demand, financial firms need to get better at detecting potential market manipulation. They won’t be able to do that if they continue to grapple with a proliferation of data, systems, and platforms. Instead, integrated surveillance will be critical in helping firms successfully navigate an increasingly complex and data-dependent regulatory environment.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: GenAI and LLM case studies for Surveillance, Screening and Scanning

As Generative AI (GenAI) and Large Language Models (LLMs) move from pilot to production, compliance, surveillance, and screening functions are seeing tangible results – and new risks. From trade surveillance to adverse media screening to policy and regulatory scanning, GenAI and LLMs promise to tackle complexity and volume at a scale never seen before. But...

BLOG

Sanctions Data Has Outgrown the Systems Built to Manage It

By Marion Leslie, Head of Financial Information, Executive Board Member, SIX. For as long as anyone in the industry can remember, sanctions in financial instruments representing holdings in sanctioned legal entities have been treated as a very specialist concern. They sat with compliance teams and were largely invisible to day-to-day market activity. The issue is...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...