Wholesale trading risk surveillance and performance management portal
In the last five years, financial institutions have lost over $19 billion due to unauthorised trading incidents and fines resulting from the failure to spot trading misconduct. At the same time, spending on surveillance has increased significantly, yet firms are still struggling to meet regulatory requirements and identify trading misconduct effectively. Put simply, the current framework for surveillance is not working.
Deloitte.Vista is designed to provide holistic views of trader surveillance activities, utilising trade, e-communications, voice and unstructured data to better focus and drive the detection of potential misconduct, and thus reducing firm’s risk of significant losses or large fines.
How can you better detect market misconduct?
Vista fully integrates with existing client infrastructure, consolidating and augmenting outputs, alerts and processes, providing a clearer, consolidated view of prioritised risks and issues ultimately supporting the creation and delivery of quality MI.
Vista also provides clarity on operational effectiveness and efficiency of surveillance processes, thus addressing risk management versus operating cost pressures.
Vista is be deployed on a modular basis, where firms can select apps to create a bespoke surveillance portal designed to monitor for the specific risks that are of interest. This means Vista is suitable for both investment banks looking to monitor for market abuse and trader misconduct, as well as for investment management or asset management firms monitoring for best execution.
Combining our technology with decades of global financial services understanding and experience, Deloitte Vista is supported by a complimentary range of specialist Deloitte services, giving you operational efficiency and effective cost management across lines of defence functions.
How Deloitte.Vista can help
Vista is not just a technology. It is a unique solution powered by Deloitte IP, configured and underpinned with our deep understanding of client risks, issues, priorities and primary objectives.
- Holistic views of trader, desk and regional surveillance activities to better focus and drive the detection of potential misconduct.
- Significantly enhanced risk management and reporting information.
- Clarity on operational effectiveness and efficiency of surveillance processes, thus addressing risk management versus operating cost pressures.
- Assurance that primary risks and regulatory mandates are fully covered.