Quartz for Surveillance

Industry

Solution

Highlights

With high market volatility, large trading volumes, use of digitized trading channels and frequently changing regulations, financial institutions need a next-gen solution for trade surveillance.
Quartz for Surveillance is a cutting-edge solution that provides multi-asset, and multi-market support, with data flowing in from various financial ecosystem on a real-time or periodic basis
The solution enables institutions to promptly and accurately identify suspicious behaviour by monitoring trading behaviour, accounts and holding patterns and alerting the surveillance department to potential market abuse.

Abstract

Quartz for Surveillance monitors and detects market manipulation, fraud and abnormalities in trading behaviour across Exchanges, CSDs and Brokerage Houses, thereby ensuring prevention against any bias or manipulation, by virtue of regulatory supervision and surveillance functions. The solution leverages the power of next-gen technology including AI, ML and natural language processing.

Challenge

Trade surveillance has become a daunting task for financial institutions as they face several challenges such as high market volatility, large trading volumes, use of digitized trading channels and frequently changing regulations. This necessitates a cutting-edge solution involving next-gen technology to stay ahead of competition, protect investors, and preserve transparency, trustworthiness and market integrity.

Solution

End-to-end surveillance to spot abusive, manipulative or illegal trade practices.

Quartz Smart Solution for Surveillance helps regulators, exchanges, central securities depositories, banks, brokerage houses and investment banks to spot objectionable and detrimental situations in their business operations, leading to appropriate preventive and corrective actions against manipulative or illegal trading practices. The solution monitors the trading behaviour, accounts and holding patterns based on certain defined parameters or thresholds and alerts the surveillance department to potential market abuse, enabling institutions to promptly and accurately identify suspicious behaviour. The solution provides multi-asset, and multi-market support, with data flowing in from various financial ecosystem on a real-time or periodic basis via Quartz Gateway. Leveraging AI/ML, the solution efficiently detects anomalies and uses labelled alert data for creating and training models to prevent false positives. It also uses natural language processing (NLP) for extracting and interpretating unstructured news.

Benefits

Seamless integration with data providers and newswires for the receipt of transactions, reference data, price, benchmark data and news
Configurable and flexible rule-based engine with defined rule templates
Online and offline alerts providing analysis at various levels such as trade, order, security, entity, security-entity and category
Provides end-to-end workflow for alert investigation, with covert alerts for in-depth case investigation
Support for watchlists, workflow delegation and subscription
Integrated dashboards and reporting to support investigations
Comprehensive market replay feature to study the market activity for a given period

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TCS is here to make a difference through technology.

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TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Quartz for Surveillance

Industry

Solution

Highlights

In this article

Abstract

Challenge

Solution

Benefits

Transformation starts here

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Industry

Solution

Highlights

In this article

Abstract

Challenge

Solution

Benefits

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