The role of software in monitoring market abuse – how can firms monitor market abuse using specialist software solutions and the types of instrument that can be monitored. Example scenarios will also be examined.
From the world of b-next
Wolfgang Fabisch, co-founder and CEO b-next, comments on FX monitoring systems and the importance of voice analytics.
Banks are taking a less passive approach and striving to spot wrongdoing early on. As banks re-evaluate the meaning of counterparty and compliance risk, they are striving to spot wrongdoing at the earliest stage rather than monitoring activity at the end of the process with little analysis.
Thursday, November 26th, in Lviv, 77 Heroiv UPA Street, German IT company b-next opened its office. The company develops and supplies proven multi-venue, multi-asset class, Capital Markets Surveillance and Compliance software solutions.
Forex rigging has cost banks dear with regulators issuing multi-billion dollar fines and individual traders facing criminal prosecution. Investor litigation in the wake of manipulation of the foreign exchange markets now threatens to add further to the financial and reputational toll of the scandal. How does such market manipulation take place and what role can surveillance tools play in detecting this illegal behaviour?
Herford, Germany 18th October 2015. b-next, a specialist provider of capital markets compliance solutions, today announced the addition of enhanced MAR (Market Abuse Regulation) ready functionality to its CMC:Suite of market manipulation monitoring software.