Nasdaq SMARTS Wins Best Market Surveillance Product in 2017 OpRisk Awards
June 14 2017 - 8:13AM
Nasdaq (Nasdaq:NDAQ), the world's leading provider of market
technology, was selected as ‘Best Market Surveillance Product’ in
the 2017 OpRisk Awards. Nasdaq received the award for its SMARTS
Surveillance technology, which enables customers to proactively
mitigate potential market abuse and conduct risk.
The awards aim to showcase excellence in operational risk
management, regulation and risk management service provision.
Entries are judged by a carefully selected panel of op risk
practitioners and other industry experts.
“Being named ‘Best Market Surveillance Product’ by OpRisk is an
important achievement for Nasdaq,” said Valerie Bannert-Thurner,
SVP & Head of Risk & Surveillance Solutions, Nasdaq. “As
regulatory authorities continue to raise the stakes, having
systematic controls and surveillance procedures in place has become
ever more critical in protecting company reputations worldwide and
effectively managing operational risk from a regulatory
perspective. Nasdaq is committed to maintaining a fair, transparent
and safe global marketplace and ensuring that firms have the tools
to do so as well.”
The SMARTS Trade Surveillance technology leverages over 22 years
of experience to create meaningful alerts that analyze complexities
in trading across asset classes and trading venues. The technology
automates the detection, investigation and analysis of potentially
abusive or disorderly trading, to help improve the overall
efficiency of the surveillance organization and reduce cost, even
as market complexity and new regulations increase.
SMARTS has been the industry benchmark for real-time,
cross-market, cross-asset surveillance for 22+ years. Used by over
3500 compliance professionals around the world, SMARTS solutions
currently power surveillance at 47 marketplaces, 17 regulators and
140+ market participants. A SaaS solution covering all asset
classes, the technology enables surveillance professionals to
monitor trading across 140+ venues globally.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading
global provider of trading, clearing, exchange technology, listing,
information and public company services. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than
90 marketplaces in 50 countries, and 1 in 10 of the world's
securities transactions. Nasdaq is home to 3,800 total listings
with a market value of $11 trillion. To learn more, visit:
http://business.nasdaq.com.
NDAQG
Media Relations Contact:
David Augustsson
+46 (0)8405 6135
david.augustsson@nasdaq.com
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nasdaq (NASDAQ:NDAQ)
Historical Stock Chart
From Apr 2023 to Apr 2024