SMARTS Integrity Platform
SMARTS Integrity Platform is an extensive market surveillance solution consisting of 12 modules. It takes a real time data feed directly from the trading engine of the relevant exchange or exchanges, and processes it in real time, automatically detecting anomalies and producing alerts. With its rich functionality, SMARTS is the most proven and widely adopted solution on the market today.
SMARTS has served the needs of trading venues and regulators of all sizes for the past 15 years, with a strong customer base and proven history of upgrading each customer regularly to the latest technology.
SMARTS Integrity Platform provides exchanges and regulators with the tool set necessary to continually detect and analyse market abuse, as well as provide insight and analysis of trading activity.
SMARTS Integrity Platform has been implemented by over 40 exchanges and regulators to date, and is in operation in some of the world's largest trading venues, as well as a diverse group of important regional bourses, and many rapidly growing emerging economies. SMARTS is the clear market leader worldwide in securities trading surveillance technology.
Key Facts
SMARTS algorithms keep pace with the fastest trading engines globally, ensuring that your market analysts are alerted to events that pose risk to your business as soon as they happen.
: SMARTS has researched and designed algorithms to capture numerous types of market abuse across multiple jurisdictions leading to reduced false positives and more effective surveillance outcomes.
SMARTS provides graphical representations of the data to assimilate thousands of data points into one picture, giving analysts rapid insight into abusive behaviour.
SMARTS database has encapsulated 40 different market places around the world and provides the flexibility needed to add new products, new matching rules, order types and more without requiring an update to the database structure.
: SMARTS provides seamless integration of related products providing an environment where derivatives can be viewed in a combination with their underlying, as well as showing all derivatives of a single underlying on one screen highlighting outlier trades.
SMARTS can integrate multiple data feeds, bring price feeds from the primary market, or any other venue where your securities trade, to support cross-venue surveillance enabling trade-through and best execution analysis.
SMARTS continues to evolve with the input of the entire customer base ensuring that each customer has access to a surveillance solution that has been directed by the international surveillance community.
SMARTS has been proven to perform in a real-time production environment, to 1.2 billion messages a day, with throughput of 300,000 messages per second.
The system comprises core and optional modules depending on your requirements: