The push for compliance tech to be flexible, not ‘a burden’
Firms need to actively drive trade surveillance compliance above and beyond regulatory requirements, says Joe Schifano.
Leaders in any industry must anticipate the challenges–and opportunities–their companies face. In financial services, trade surveillance is of critical importance. So, as compliance practitioners responsible for trade surveillance, the ever-present question is this: Are we keeping pace with current and future challenges?
Maybe not. Consider the following examples of surveillance failures and increased scrutiny of surveillance practices by regulators around the world:
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