Due diligence process has not kept pace with the proliferation of algorithmic trading.
Risk assessment and effectiveness testing are key components of passing regulatory muster.
JPMorgan was fined $200m for failing to monitor their employees use of WhatsApp.
Solidus detects fraud, manipulation and market abuse in crypto and DeFi.
Solidus HALO is currently used to monitor more than 1 trillion events per day across more than 150 markets.
Trade surveillance can be harder to analyse in fixed income.
The absence of designated intermediaries pose challenges for regulation, compliance, and financial stability.
TRM’s technology is used to monitor crypto transactions for suspicious activity.
With Joe Schifano, Global Head of Regulatory Affairs at Eventus Systems.