Trade Surveillance Suite
Monitor trading for a variety of restricted behaviors across multiple asset classes, including market manipulation and other trade-based violations.
S3’s Trade Surveillance Suite (TSS) simplifies monitoring for a variety of restricted behaviors across multiple asset classes, including market manipulation and other trade-based violations without requiring customers to compromise on regulatory obligations.
The S3 TSS automatically monitors trade activity for a wide range of prohibited or restricted activities, including, but not limited to:
- Marking the close
- Restricted short selling
- Equity-options manipulation
- Wash sales
- Painting the tape
The S3 Trade Surveillance Suite is completely configurable, making use of a powerful interface that allows users to identify and address regulatory and compliance issues while reducing both false positives and false negatives. Alert and rule parameters can be effortlessly reconfigured, back-tested rapidly, and the desired period rerun for comparison so that users can optimize settings quickly and easily.
Additionally, the S3 TSS consolidates all surveillance results into a single dashboard, putting all of the relevant information at users’ fingertips. The dashboard allows for at-a-glance determination of the status of all surveillance activities, tracking results and allowing for efficient management of alerts and reports.
If a discrepancy is found, the TSS creates an audit trail automatically, including all settings used to identify the issue. The audit trail is managed through a fully customizable workflow that allows clients to log all actions taken to resolve the issue. During investigation or once the issue is resolved, the audit trail can be easily exported for documentation, facilitating compliance and improving trust between parties.
The S3 Trade Surveillance Suite is a premium all-in-one solution that provides a one-stop-shop for regulatory reporting, enabling clients to simultaneously reduce vendor overhead, simplify workflows and improve compliance.