Market abuse and manipulative behaviour are rising. Regulators have enforced complex regulations, including MAR and MiFID, on financial businesses to detect and report illicit market activities. Trading data volumes are growing, as are bad actors' strategies. Technology like trading bots also adds to the amount and speed of data, which demands rapid processes and advanced solutions.
Many organisations struggle to implement the required level of surveillance for compliance. Surveilling market and trading activity is resource-intensive and complex, especially when dealing with false positives, manual processes, legacy systems, and poor data quality.