e-FX Awards: Nasdaq Smarts & Digital Reasoning – Best e-Surveillance Provider

Advanced monitoring technology using artificial intelligence has reduced false positives by up to 70%

Michael O'Brian
Michael O’Brien, head of product management, risk and surveillance at Nasdaq

The days when trading data and electronic communication were analysed separately are antiquated. The way forward, says Michael O’Brien, head of product management, risk and surveillance at Nasdaq, is to focus on monitoring the activity of traders and bringing in other sources of data that can add value to the alerts delivered to a firm’s compliance department.

“Just adding noise or more information doesn’t necessarily mean more insight. Sometimes it just brings in more noise and makes things

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Asia FX Awards 2024: The winners

The FX Markets Asia FX Awards present 43 categories, determined by an esteemed judging panel comprising industry experts and FX professionals across Apac. They have paid attention to firms that brought unique and innovative ways to fulfil industry needs…

HSBC wins six Apac FX house of the year awards

With one of the strongest footprints in the Asia-Pacific region (Apac), HSBC provides international clients with an extensive local FX franchise while facilitating local clients’ access to international markets

Firms seek optimisation gains as UMR and SA-CCR bite

A wider range of market participants is taking advantage of service providers such as OSTTRA’s optimisation cycles to drive margin and counterparty credit risk efficiencies across asset classes including FX, rates, equities, commodities and credit

Best FX overlay manager: State Street

In the most challenging market environment in many years, demand for State Street’s currency management offering spiked in 2022 as market participants sought assistance in minimising their FX risk and optimising their hedging activities

Best settlement initiative: CLS

Created 20 years ago to mitigate FX settlement risk, CLS continues to lead the settlement sphere with new solutions designed to meet the challenges of an ever-evolving FX market

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