Example: Implementation/optimisation of trade surveillance

Projects to implement or optimise trade surveillance systems must take into account technical, organisational and economic requirements and constraints.

Technically it is important to supply the software with relevant data and to parameterise it in such a way that it delivers the best possible results in terms of quantity and quality. The project support provided by the compliance consultant provides the technical background of the data requirements, translates them into a precise IT language and thus creates the bridge to an optimal data supply. I clarify the specifics of the respective markets with Trading. Finally, I help to calibrate the software as an analysis tool in such a way that nothing essential is lost and the analysts are not inundated with insignificant data.

The economic dimension, particularly in the case of a large number of trading venues to be monitored, consists in critically questioning whether membership of a low-turnover venues is really worthwhile in view of the high monitoring effort and the costs of the trade surveillance.

Finally, the organisational component refers to the ongoing support of the software by its users. Data supply often still has potential for optimisation and parameterisations must be regularly checked and adjusted because trading venues and the trading habits of its players are constantly changing. This is done most effectively by the employees who work with the system themselves and are most interested in regularly sharpening their tools.