Trade data monitoring refers to the systematic observation and analysis of trade activities to ensure compliance with regulations, assess market conditions, and identify trends. In other words, it's a way of keeping a close eye on buying and selling activities to make sure everything is running smoothly and fairly.
Trade data monitoring involves these components and features:
Trade data monitoring is used by a variety of stakeholders for different reasons. For example, financial institutionsactively monitor trades to ensure compliance with regulations and effectively manage risks, corporations leverage trade monitoring to analyze their market position and optimize supply chains, and regulatory bodies employ these practices to prevent fraud and promote fair trading in the market. Individual traders and investors also find it helpful for assessing market conditions and refining their strategies. And compliance officers rely on trade data monitoring to identify potential issues before they escalate. Benefits include:
In the early days of trading, particularly in commodity and stock exchanges, network trade data monitoring relied on manual record-keeping and direct oversight to track transactions and ensure fair practices. The Great Depression in the 1930s led to the establishment of regulatory bodies like the U.S. Securities and Exchange Commission (SEC). These organizations aimed to protect investors and ensure market integrity, leading to the introduction of formal trade data monitoring practices.Technological advancements in the late 20th century revolutionized trade monitoring. Automated systems began to emerge, allowing for real-time tracking and analysis of trading activities.Following events like the 2008 financial crisis, regulators implemented stricter compliance requirements. This prompted financial institutions to enhance their trade data monitoring systems to detect fraud and market manipulation and ensure adherence to regulations like the Dodd-Frank Act. In recent years, the use of big data and artificial intelligencetransformed trade monitoring, enabling firms to analyze vast amounts of trading data quickly, identifying patterns and anomalies that may indicate risks. As markets have become more global and complex, trade data monitoring has expanded beyond traditional financial markets to include commodities, derivatives, and foreign exchange, requiring more sophisticated tools and approaches.Trade data monitoring is an essential component of market operations, helping to maintain integrity, protect investors, and ensure compliance with evolving regulations.
While trade data monitoring is an essential component of market operations that organizations reply on to inform decision-making, protect investors, and ensure regulatory compliance, there are significant challenges to doing this effectively, including:
Let's look at how NIKSUN solves all these challenges for trade monitoring.
Problem: As the trade dataset grows increasingly vast and complex, monitoring all the components can be overwhelming.
Solution: NIKSUN's end-to-end network-to-application platform makes trade monitoring at any scale a breeze. Drawing data from every component in your infrastructure, in any format (packets, logs, SNMP, flows, metrics, etc.), and operating seamlessly in every environment (on prem, cloud, virtual, or hybrid), NIKSUN's advanced network trade tracking software solution provides a single pane of glass for everyone in your organization to view highly usable, drillable dashboards that are easy to alarm on and customize. Dashboards are built automatically from your raw data, so there's no human error or bias. Plus, NIKSUN's zero-loss data capture and warehousing technology ensures all the data is ingested and accounted for from every source type, without a single dropped packet or other data type. What's more, NIKSUN's one-stop solution goes well beyond trade monitoring to deliver intelligence for any monitoring, performance, availability, and security use case you can imagine.
Problem: Keeping up with changing regulatory requirements can be confusing and tie up resources.
Solution: NIKSUN solves this problem by identifying, tracking, and organizing your compliance requirements, allowing you to stay on top of mandates without having to dedicate team members to this labor-intensive process. NIKSUN's intuitive dashboards allow you to access a full audit trail for your organization and easily find the details you need. Event categories, such as password and data changes, deleted objects, special access privileges, cleared audit logs, and more, mean you can assess your compliance posture instantly, and color coding makes it easy to see if you're on target or need to pay closer attention. Plus, you'll get alerted to non-compliant incidents, so you can follow up right away.
Problem: Trade monitoring can throw a lot of false positives, distracting from legitimate issues.
Solution: NIKSUN's real time alarming is consistently robust, alerting you to actual incidents across all domains (NPM, APM, Security, Compliance, etc.) so you don't waste valuable resources. With NIKSUN, you can get exactly the notification setup you need: choose from out-of-box configurations or easily create custom alarms to cover every possible use case. And NIKSUN offers a multitude of filters and drill-down options, so that once you learn about a problem, you can get to the root cause right away and reduce your MTTR.
Problem: It costs an arm and a leg to achieve effective real-time monitoring.
Solution: NIKSUN makes it practical and affordable to monitor your entire infrastructure from one place with 100% awareness and visibility, and no blind spots – no matter what size your business. NIKSUN's advanced network trade tracking software solution is setup in minutes with a few clicks, offers instant intelligence, and is easy to use and understand; no special expertise is required. Affordable from the start, our one-stop solution has also proven extremely cost-effective over time. NIKSUN implementations have saved large enterprises tens of millions of dollars by significantly reducing their operating expenses through the consolidation of multiple point solutions with high integration, product, maintenance, and operational costs. For small businesses, the NIKSUN platform has enabled them to apply the same technology that secures the U.S. Department of Defense, but without breaking the bank. Because NIKSUN's platform is designed for extreme scalability, we can work with any volume of data, with the flexibility to budget for exactly what you need.
Problem: Because threats evolve, network trade data monitoring tools must evolve, too.
Solution: NIKSUN's in-house teams work constantly to keep NIKSUN threat lists current, with experts updating threat intelligence policies to make sure we uncover new threat actors and keep our lists up-to-date, relevant, and accurate. NIKSUN's platform also allows third-party feeds to be run against its own database. Our rapid development model is responsive, incorporating your feedback in the platform builds. And NIKSUN's advanced network trade tracking software solution grows with your business, allowing you to scale to multi-Tbps and 10s of PBs without ripping-and-replacing.
NIKSUN is the recognized world leader in empowering organizations to Know the Unknown®. Since 1997, we have been committed to delivering the most innovative solutions for securing and optimizing the networks of over a thousand customers, including Fortune 500 companies, government agencies, and service providers.
Our industry-leading suite of scalable, forensics-based cyber security and network performance monitoring products provides customers with in-depth and actionable insight into security threats, performance issues, and compliance risks. NIKSUN's patented real-time analysis,network trade data monitoring tools, and recording technology are the industry's most comprehensive advanced network trade tracking softwaresolutionsfor securing and maintaining dynamic network infrastructure.