Boston, August 11, 2021 – The siloed approach to trade, communication, and market surveillance has led to challenges in achieving transparency and visibility in data across multiple venues and asset classes. Further, the complexity of the asset classes traded, trading patterns, and communication channels have increased the amount of data and the variation in data types required to effectively conduct surveillance programs. Going forward, firms will need to focus more on risk-based surveillance programs, increase the capability to link structured data with unstructured data to achieve a complete view of activity, develop models to build surveillance for the new asset class, and strive toward more automation in traditional alert-based surveillance programs.

This Impact Report highlights areas of the business that surveillance technology providers are addressing and how solutions are evolving alongside industry developments. It also explores the perspectives of clients actively participating in this vendor market, highlights some of the key drivers for clients seeking vendor solutions, and provides client views across several essential capabilities of each vendor. Aite-Novarica Group surveyed a group of 25 client references provided by 19 participating vendors in the 2021 report Aite Matrix: Intelligent Trade Surveillance.

This 43-page Impact Report contains 18 figures and two tables. Clients of Aite-Novarica Group’s Capital Markets service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions Abel Noser Solutions, ACA Compliance Group, BAE Systems, Bloomberg L.P., b-next, Eventus Systems, GMEX Group, Intellect Design Arena, LIST, Nasdaq, NICE Actimize, OneMarketData LLC, Quantexa, and SteelEye.