The UK’s Financial Conduct Authority (FCA) has selected OneMarketData to deliver a new cloud-based market surveillance and visualization system.
OneMarketData triumphed over 14 competing providers with its OneTick Surveillance offering. This system will equip the regulator with advanced tools to detect and investigate market anomalies, identify potential cases of insider trading and market manipulation, and monitor for market disruptions in real time.
The platform, utilized by asset managers, retail brokers, banks, market makers, market operators, and regulators, encompasses global equities, options, futures, and FX market data. It enables users to manage alerts through browser-based dashboards and create custom compliance workflows.
Dermot Harriss, SVP of Regulatory Solutions at OneMarketData, stated, “The service we’ve built for them is secure, programmable, will dynamically scale to meet increasing market volumes, and will allow the FCA to adapt to new risks to the integrity of our financial markets.”