What is the current Trade Surveillance Systems Market size?

The Trade Surveillance Systems Market is projected to register a CAGR of 18% during the forecast period (2024-2029) Read More

Who are the key players in Trade Surveillance Systems Market?

Software AG, Nice Ltd., BAE Systems, Inc., eFlow Ltd. and Fidelity National Information Services, Inc. are the major companies operating in the Trade Surveillance Systems Market. Read More

Which is the fastest growing region in Trade Surveillance Systems Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Trade Surveillance Systems Market?

In 2024, the North America accounts for the largest market share in Trade Surveillance Systems Market. Read More

What years does this Trade Surveillance Systems Market cover?

The report covers the Trade Surveillance Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Trade Surveillance Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the ongoing challenges in implementing Trade Surveillance Systems?

The ongoing challenges in implementing Trade Surveillance Systems are a) High initial investment costs b) System integration complexities c) Skilled workforce shortage Read More

Trade Surveillance Systems Market - Share, Providers & Forecast

Trade Surveillance Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Trade Surveillance Systems Market Analysis & Size. The market is Segmented by Component (Solutions, Services), Deployment (Cloud-based, On-Premise), and Geography (North America, Europe, Asia-pacific, Middle East & Africa, and Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Trade Surveillance Systems Industry Overview

The competitive landscape of the trade surveillance systems market is moving towards fragmentation due to the increasing adoption of the solution worldwide. However, the market players see continuous innovation since the market is still developing. They are designing innovative and technologically integrated solutions to stay ahead of their competitors. Also, many startup companies are raising funds and investing in them to enter the market and attract maximum market share smoothly.

September 2022: NICE Actimize, a NICE (NASDAQ: NICE) business, announced the launch of Compliancentral, a cloud-based, end-to-end communications monitoring and trade compliance platform for financial services firms. Compliancentral from NICE Actimize helps buy-side, sell-side, online trading platforms, insurance, and wealth management firms capture and analyze all types of employee communications, trades, and behaviors to find hidden conduct risk.
In July 2022, SymphonyAI, a provider of high-value enterprise AI SaaS for strategic industries, announced that it had acquired BAE Systems' financial crime detection leader NetReveal. This acquisition is a significant step forward in SymphonyAI's financial vertical expansion strategy. Furthermore, the SymphonyAI Sensa Sensa platform was developed and launched by the company in late 2021, bringing AI-based analytics and insights to financial crime detection. NetReveal, a member of SymphonyAI's financial vertical, continues to use Sensa AI technology to deliver transformative innovations and powerful new products that better uncover anomalous activity, reduce false positives, and control costs.
In March 2022, eFLOW Global and GRSS strengthened their collaboration to provide a managed surveillance solution. According to eFlow, the partnership between eFlow and GRSS is built on effective compliance, which comes from combining powerful technology with real-world knowledge.

Moreover, GRSS provides experienced compliance and trade monitoring specialists who analyze the output of a company's surveillance systems and present actionable reports to the compliance officer. For nearly two decades, eflow's TZ system, which debuted in 2004, has assisted compliance professionals in providing intense market abuse surveillance. On the other hand, eflow said that its market abuse services are more important than ever with this new partnership.