2016 marks 4th consecutive win for Nasdaq SMARTS Trade Surveillance in Waters Rankings
NEW YORK, July 19 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, was recently selected as 'Best Market Surveillance Provider' by Waters Technology's
2016 Waters Rankings. This is the fourth consecutive win for Nasdaq’s SMARTS Trade Surveillance product, which is currently used by over 120 market participants across 139 global markets and across all asset classes.
Each year, Waters Rankings awards 30 winners in five sections: Trading Services; Trading Tools; Data Management; Compliance, Risk Management and the Back Office; and Infrastructure and Connectivity. Waters Rankings is the only awards program offered by Waters Technology where the category winners are determined exclusively by the readers.
“We are extremely honored to be named ‘Best Market Surveillance Provider’ by the readers of Waters Technology for the fourth year in a row,” said Valerie Bannert-Thurner, Head of Risk and Surveillance Solutions, Nasdaq. “With global markets constantly evolving and several major regulations coming into play, it is a crucial time for market participants, exchanges and regulators alike to have systematic surveillance measures in place. To this end, we continuously strive to deliver the most comprehensive and innovative surveillance solutions, enabling our customers to achieve the utmost transparency and insight.”
Nasdaq’s SMARTS Surveillance solutions enable compliance teams to source, capture, and maintain all trading data elements required to conduct in-depth analysis for cross-market, cross-asset market abuse and market manipulation. Through direct customized exchange feeds and drop copy connections, the SMARTS Surveillance infrastructure sources complete member order and execution data — including private trading data — directly from equities, derivatives and commodities exchanges. SMARTS has over 1100 live surveillance subscriptions globally.
SMARTS’ recognition throughout the past few years is a testament to Nasdaq’s dedication to providing global market participants, regulators and exchanges with unrivalled surveillance technology. In addition to being selected as ‘Best Market Surveillance Provider’ by Waters Technology’s Waters Rankings in 2013, 2014, 2015 and 2016, SMARTS has also received the Waters Sell-Side Technology award for ‘Best Sell-Side Surveillance Product’ for three consecutive years as well as this year’s EnergyRisk Awards’ #1 Trade Surveillance Vendor and OpRisk Awards’ ‘Best Financial Crime Product’ and ‘Best Overall Provider’.
SMARTS Surveillance solutions power monitoring for more than 120 market participants, 45 exchanges and 13 regulators globally.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,700 listed companies with a market value of $9.3 trillion and over 17,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.
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SOURCE : NASDAQ, Inc For Media Inquiries:
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