Media Releases 2004
SMARTS Signs Contract with SWX to Provide State of the Art Market Surveillance System
Monday, 08 November 2004 10:00
The Australian company SMARTS Pty Ltd, the world’s leading provider of real-time market surveillance solutions, has today signed an agreement with the SWX Group under which the SMARTS software will be used to provide a new realtime surveillance system for SWX and virt-x, in respect of their equity, bond, ETF and warrant markets. SWX and virt-x have chosen to adopt SMARTS because it is a proven real-time surveillance system with a demonstrated capacity to handle any type of financial instruments, as well as the enormous transaction volumes associated with derivatives trading, particularly warrants.
Helsinki Stock Exchange Signs Up For SMARTS Surveillance Software
Wednesday, 27 October 2004 10:00
Computershare Markets Technology today announced that the Helsinki Stock Exchange, one of the OMX Exchanges, has signed an agreement to adopt the SMARTS surveillance system for a minimum of three years.
Using superior data management facilities, SMARTS builds an understanding of the "normal" market behaviour so that alert algorithms can be created to identify "abnormal" behaviour. These help detect market behaviour which may have an adverse effect on market integrity. Because identification and analysis of suspicious trading occurs in realtime, a rapid response from surveillance departments using SMARTS is easily achieved.