Entries by Rishav Bose

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The Effective Ways KRM22 Minimizes the Risk of Surveillance Failures

The observations in FCA’s latest Market Watch shed light on the challenges firms face in effectively monitoring market activities. The cases outlined by the FCA are not unfamiliar to us. In fact, we’ve encountered similar scenarios in the past, and we’ve taken proactive steps to address them. We continuously monitor market trends and regulatory developments, […]

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Keeping up with regulation by enhancing the Marking the Close alert

While we already have a “Marking the Close” alert which monitors closing period activity, the new Closing Lookout Alert is a powerful enhancement to our trade surveillance platform, offering users additional flexibility to calibrate the monitoring of the trading activity during the closing period of a market. Key Features Customizable Time Periods: Users can customize […]

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Captaining the Boat : What I Have Learnt From Two Years as a Product Manager

In the fast-paced landscape of fintech and startup ecosystems, product managers serve as the captains of the ship, steering their products through turbulent waters to deliver innovative solutions. Rishav Bose, Market Surveillance Product Manager at KRM22, shares profound lessons derived from his enriching journey. In this blog, Rishav shares his insights, exploring the fundamental principles […]

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Unveiling Data in Market Surveillance Systems

In an era of stringent regulatory frameworks, compliance is non-negotiable. When it comes to adhering to market abuse, the market surveillance system has become more embedded in the firm’s technical infrastructure. The beating heart of this system is the trading and market data. In this blog, we delve into the importance of this data and […]

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Beyond Detection: KRM22’s Innovative Approach to Enhancing Trade Surveillance with AI

The whole world is talking about Artificial Intelligence. In the trade surveillance world, this has involved a lot of debate and discussion. This has been focused almost exclusively on the reduction of false positives and other detection improvements.

At KRM22, we are looking beyond detection. Our customers are also concerned with the amount of time they spend dealing with cases. When faced with the sheer number of cases, compliance teams often feel overwhelmed. They have asked us to see how we can help flatten the mountain.

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Uncovering Insider Trading: How Our ParticipantView Feature Enhances Your Investigation

Insider trading, the covert practice that involves trading securities based on non-public, material information, presents a significant challenge to maintaining fair and transparent financial markets. This illicit activity is often obscured within the vast sea of normal trading activities, making it difficult to detect and prevent. KRM22’s innovative Market Surveillance product contains ParticipantView, which offers […]

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Market Surveillance November 2022

This month, we have developed two new alerts for our customers in the Fixed Income space: Quote away from Stream and Quote away from Composite. The Quote away from Stream alert checks if the Dealer quotes a better/worse price to the client’s RFQ compared to the price it was streaming right before. Similarly, the Quote […]

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Market Surveillance September 2022

Market Surveillance has been enhanced with improvements to the Ramping and Creation of a Floor/Ceiling alerts Ramping The ramping alert can now look for opposite side trades after the price ramp to check if the trigger participant benefited from the price move. In addition, compliance officers can now restrict the time window after a detected […]

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Market Surveillance October 2022

New Pump and Dump alert Pump and dump is a scheme that attempts to boost the price of a security through misleading and exaggerated statements. After driving up the price of a security, the perpetrators of this scheme will reverse their positions at a higher price than the security was when they purchased it. Trash […]