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

Fonetic Fuses Trade and Communications Data to Deliver Automated Trade Reconstruction

Subscribe to our newsletter

Fonetic has fused information on completed trades with all the voice and text communications associated with the trades to deliver a linguistics-based automated trade reconstruction solution. Called ATR integra, the solution is powered by a proprietary algorithm and can replace time-consuming manual reconstruction processes with automated collection, analysis and matching of trade and communications information.

Fonetic initially developed ATR integra in partnership with Santander and has deployed the solution across the bank’s trading activities over the past year. It is now working to deploy the solution at BBVA and says its is pitching to a large number of banks in London, New York and Asia Pacific.

Karen Winter, Fonetic sales and marketing director covering the EMEA region, says: “Piecing together confirmed trade data and related communications manually is a huge task. ATR integra uses a complex algorithm that matches trade ticket IDs to all relevant phone, email and chatroom communications. The algo links trades and communications in the background, which means the data is ready when a trade reconstruction is required.”

ATR integra can span multiple trading desks and cover all asset classes, and with 84 language engines it can be used to link audio communications in pretty much any language to trades.

Winter says ATR integra can be used for internal compliance purposes and to meet external regulatory requirements such as Dodd-Frank Title VII, which requires banks to be able to reconstruct any trade within 72 hours. MiFID II will also require audio analysis and banks to keep audio records for seven years. From a business perspective, she adds: “ATR integra can transform communications into valuable assets, perhaps helping banks gain a better understanding of behaviours on the trading floor. With this understanding, it is possible to see who is performing well and replicate profitable trading practices.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Non-Financial Misconduct Under SMCR

Non-financial misconduct – encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks to a firm’s culture and operational integrity. Recognizing the profound impact on...

BLOG

EU’s AI Act Loads Data Responsibilities on Institutions but also Offers Opportunities

Financial institutions are under pressure to put their data estates in order as the European Union’s artificial intelligence regulation comes into force this week, threatening huge fines for failures to observe its tough rules on the safe and fair use of the technology. Nevertheless, the introduction of stringent measures that will place new compliance burdens...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...