Natural language processing added to trade monitoring
Market participants can create bespoke analytics with Ideal Prediction's Scope tool
Surveillance technology firm Ideal Prediction is incorporating natural language processing (NLP) in its services in a bid to expand the analytical tools available to clients, which it says is achievable without lengthy development work or complex coding.
The Scope monitoring service is designed to analyse the behaviour of voice traders and algos, and determine whether these are in line with the principles of the FX Global Code of Conduct (FXGC). Scope brings to light any issues it identifies on
More on Risk systems
UBS: last look is sticking around, but conversation evolving
Bank says transparent and open discussion can produce “mutual benefits going both ways”
Record builds synthetic FXPB offering
Specialist currency manager will use tri-party model to move securities collateral between banks
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Rise of workflow as the buy side's low-key hero
The goal is to build a “single source of truth” to cut costs, make better trading decisions and react quickly to new regulation
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
Kx Systems: ‘fill or kill year’ for Global Code adoption
We need systems that can verify whether a firm is in compliance with acceptable market standards, says Richard Kiel
OCC will not offer further guidance on ‘fourth-party’ risk
Onus on banks to vet subcontractors during contract negotiations, regulator says
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
