This independent research report published by Acuiti, in association with Eventus, investigates the challenges facing trade surveillance teams as regulations governing trading have grown in scope, detail and enforcement, and as the sophistication and complexity of trading products and techniques has advanced. The report collated the views of 71 senior trade surveillance, risk, compliance, technology and trading executives at banks, brokerages, and proprietary trading firms.
Key findings:
- 94% of respondents said that the complexity of trade surveillance has increased over the past three years
- 61% of firms globally are facing major challenges in hiring skilled staff
- Firms are increasingly looking to technology for efficiency, with a particular appetite for automation and machine learning with 64% of banks referring to machine learning as either very important or critical
