TT Revamps Market Surveillance Tool

Trading Technologies has released what the firm terms a “major upgrade” to TT Trade Surveillance, the firm’s multi-asset class oversight solution.

As well as an enhanced enterprise-level case management system UI, the enhanced offering now has a market replay tool, which provides a full forensic auditing module for reconstructing and reviewing historical market activity across a 90-day lookback window. This includes a tick-by-tick, frame-by-frame visual playback of the order book, making tracking and analysing past behavior faster, more accurate and fully transparent, the firm asserts.

The upgraded case management system pairs governance with an intuitive interface, by enabling global compliance teams to collaborate on historical data, streamline communication and manage the entire investigative life cycle through a single workspace. 

“Market Replay gives exchanges and regulators a powerful vehicle for market abuse enforcement by enabling them to examine behavior with unprecedented granularity,” says Jay Biondo, TT’s head of surveillance. “Our case management UI is significantly faster and more comprehensive than what we’ve been able to offer before – and it’s an exponential improvement over legacy systems. TT’s updated architecture fundamentally transforms how global compliance teams identify, track and resolve market risks, and it builds the foundation for future AI-driven insights.”