How will you react? What information will you hand over? Regulatory demands for trading compliance have become more complicated than ever. We can help to assure that you and your traders are conforming to all regulations in every single communication.

Aite Group has identified the trade compliance landscape including the full-service platforms. For the key aspects of each solution Aite Group describes the capabilities, characteristics of the client base, competitive differentiators, growth trends, demonstration highlights, and strategic roadmaps.

Compass is a new application for NICE Trading Recording (NTR) that can address these needs by providing the tools to confirm that you are 100% compliant. Compass provides:


  • Real-time visibility of recording events and usage
  • Reporting for measuring and proving compliance
  • Open access to system data via an API

Roiled by recent scandals and fines, the FX market is facing intense regulatory scrutiny. A combination of complacency, the sheer size of the market and a lack of global standards had made FX something of a compliance orphan, says Stephen Anikewich, head of compliance, Americas, NICE Actimize. Speaking with TABB Group, Anikewich discusses the challenges of surveilling electronic FX markets vs. other asset classes and the definition of “holistic compliance.”

Communication Surveillance provides the ability to take complete control over your Trading Floor communications, and pro actively detect breaches of compliance rules or fraud. It also provides analysis and reports on new and emerging risks by creating management overviews and highlights trends. By automatically presenting indicators for potential risks, protection against compliance breaching and fraud is optimized, while maximizing ROI.

TABB Group, the research and strategic advisory firm focused exclusively on capital markets, says in its report, “NICE & NICE Actimize differentiates its offering through the depth and breadth of its Trade Surveillance coverage, combined with capabilities around Communications Surveillance (particularly voice analytics) that are unmatched by any other vendor in the industry.”

Holistic Surveillance combines the power of Trade Surveillance with Communication Surveillance to offer a market leading ability to analyze transactional activity against conversational activity. The solution provides unparalleled insight into transactional activity and allows organizations to transform their surveillance and investigation processes. The Holistic Surveillance solution correlates actions taken against the discussions that lead up to and during an event.

Your compliance operations are complex and diverse and you need complete coverage for detecting, deterring, and preventing non-compliant activities across your firm. We have you covered with complete coverage across the global financial markets, ensuring you can stay compliant, competitive, and effective while lowering your regulatory risk and chance of reputational damage.

Communications are a critical part of trading surveillance. Today's financial markets are surrounded by many rules and regulations, trading communications being one heavily regulated area. We know that your firm is challenged to collect, search, and analyze all trade communications interactions to meet regulatory requirements.

We know that today's trading floors face strict regulations requiring the storage of all trade communications, the ability to easily access the information respond to compliance queries in a timely manner. Factor these requirements over the thousands of trades that occur each day and the management of these calls is daunting.

You need a proactive approach to compliance. To ensure effective regulatory compliance, your firm must now capture all relevant communication, reconstruct trades as they occurred, and monitor all communication by the same rules. As technology has moved beyond the traditional phone call, so too are you are now responsible for monitoring and analyzing all mobile phone calls, emails, instant messaging, and social media.

The view must be crystal clear. Global regulations increasingly require your firm to "connect the dots" between suspicious trades, written communications, and voice interactions. Rules now require recordkeeping of all transactions and related communications, timely responses to regulatory queries, and the ability to provide detailed trade reconstruction.