Overview
With financial institutions under greater pressure than ever before to demonstrate compliance, a powerful and comprehensive trade surveillance tool is a vital part of your regulatory strategy. TZTS has been engineered to offer firms a robust, holistic and dynamic solution to this challenge.
TZTS enables firms of any size to monitor, test and generate alerts for a range of market abuse types including Insider Dealing, Spoofing, Marking the Open/Marking the Close, Wash Trading, Front Running, Pinging, Quote Stuffing, Layering, Ramping, Churning, Painting the Tape, Pump and Dump and more. Reports generated from the platform will satisfy the reporting requirements of all major international regulators, including the FCA / EU (MAR) / SEC / CFTC / MAS and other NCA designated agencies' market manipulation and insider dealing market abuse typologies.
With the regulatory landscape evolving at an unprecedented rate, TZTS has been designed to offer firms a dynamic trade surveillance system that adapts to organisational and environmental change. Customisable implementation options, regular updates and dynamic parameter testing means that TZTS is the most flexible and feature-rich trade surveillance solution available on the market today. You also have the unique option to fine-tune your platform’s configuration to your exact needs by experimenting with various parameters in an independent sandbox, which can then be seamlessly promoted to your live environment.
However, this depth of functionality doesn’t mean that the platform needs constant attention to make the most of it. Automated workflows and a highly intuitive user experience ensures that you spend as little time as possible worrying about your compliance procedures, and more time focusing on your business goals.
Key Features
Key functionality includes:
- Automatically monitor your trades, identify suspicious behaviour, and provide evidence to the relevant NCA
- Automated data enrichment for all alerts and asset types from the eflow Market Data Store which curates data from more than 250 sources
- View all flagged trades, process and report them however you see fit
- Choose from a range of preset or custom built reports
- MiFID II-compliant data archiving and indexing included as standard
- Group your alert generation history by entity, trader or instrument and compare them to general market trends and movements
- Gain insights on how your compliance team is interacting with the system and view full internal audit trails
- Document, group and escalate alerts through one centralised system
- Receive notifications when edits are made to alerts and access activity logs to maintain audit trails
- Set and customise conditional parameter values based on a number of reference and market data metrics such as volatility and instrument liquidity
Key Benefits
Key benefits include:
- Automate your trade surveillance to improve data accuracy, drive efficiency and strengthen regulatory governance
- Choose from preset or customisable reports to generate management information quickly and efficiently
- Strengthen your trade surveillance governance through eflow’s automated data enrichment
- Generate comprehensive audit trails through the platform to save time, effort and resources
- Align your platform with your trading strategy through highly configurable parameters and alerts
- Manage and escalate market abuse alerts more efficiently through a centralised digital system
- Reduce the time spent monitoring trades safe in the knowledge that TZTS offers 24/7/365 coverage
- Fine-tune your platform’s configuration by experimenting with various parameters in an independent sandbox
