Product Overview: Nasdaq Market Surveillance
Nasdaq Market Surveillance is a cutting-edge market monitoring solution designed to enhance the integrity and trustworthiness of capital markets globally. This technology is tailored for use by traditional and startup markets, central banks, and financial regulators worldwide.
Key Purpose
The primary objective of Nasdaq Market Surveillance is to detect, prevent, and investigate market abuse, including market manipulation and insider dealing. This is achieved through advanced technological tools that streamline the surveillance and investigation processes, ensuring fair and orderly markets.
Key Features and Functionality
Integration of Generative AI (GenAI)
Nasdaq Market Surveillance is set to integrate a generative AI feature, leveraging Amazon Bedrock, an AWS service for building secure GenAI applications. This integration enhances the triage and examination process involved in investigating suspected market abuse. GenAI capabilities enable analysts to distill, analyze, and interpret relevant information more quickly, reducing investigation time by an estimated 33% and improving overall outcomes.
Automated Alerts and Real-Time Monitoring
The system utilizes automated alerts and real-time monitoring to identify suspicious activity. These alerts can be generated based on various parameters, including trading activity, corporate filings, and external data sources. The technology helps in eliminating false positives through regular evaluation and recalibration of the alert systems.
Comprehensive Data Analysis
Nasdaq Market Surveillance consolidates a wide range of data, including regulatory filings, company and sector news, news sentiment analysis, and other mitigating or aggravating factors that may impact securities. This consolidated data is presented in a structured format, such as consolidated tables, to facilitate quicker and more accurate initial assessments of alerts.
Enhanced Investigation Efficiency
The solution empowers analysts with advanced tools to collate evidence, initiate investigations, and document cases more efficiently. GenAI capabilities assist in incorporating unstructured data, such as news events or social media, into the surveillance signals, making the investigation process more robust and comprehensive.
Human-AI Symbiosis
While the technology is highly advanced, it is designed to work in symbiosis with human investigators. The AI tools complement the work of analysts by providing better analytics and techniques, ensuring robust systems and controls are in place to protect marketplaces.
Global Applicability
Nasdaq Market Surveillance is designed to meet the needs of global financial markets. It offers scalable systems capable of managing increased levels of risk during periods of high volume and volatility, ensuring comprehensive coverage across various asset classes and jurisdictions.
Benefits
- Improved Efficiency: Reduces investigation time and enhances overall outcomes.
- Enhanced Accuracy: Minimizes false positives through advanced alert systems and data analysis.
- Advanced Threat Detection: Keeps pace with evolving market abuse threats, including those posed by AI itself.
- Global Compliance: Meets the regulatory requirements of international markets, ensuring market integrity and trustworthiness.
By combining industry-leading expertise with cutting-edge cloud and AI technology, Nasdaq Market Surveillance provides a robust solution for maintaining the integrity of global capital markets.