Post-Trade Surveillance System
Overview
HawkEye, a Post-Trade Surveillance System, is designed for the Compliance Department of a broker-dealer (Sell side) or Buy side to detect and monitor irregular or suspicious transaction(s) that may jeopardize the reputation of your business. The architecture of HawkEye is sophisticated, yet flexible and consolidates all exchange-trades as well as OTC transactions into a central enterprise repository and applies a set of customizable business rules with the firms internal trading rules and/or external regulatory agencies'rules and regulations. HawkEye delivers full transparency to the flow of data between firm's trading activities and its clients.
Financial Instrument Coverage
HawkEye Post-Trade Surveillance System covers a broad spectrum of financial instruments, ranging from straight equity and fixed income to complex derivatives. HawkEye currently helps you monitor the following financial instruments:
Equity
Fixed Income
- Domestic: Government & Corporate
- International
Derivatives
- Equity(Listed & OTCs)
- Fixed Income(Listed & OTCs)
Product Coverage & Benefits
HawkEye Post-Trade Surveillance System performs a number of scenario checks to generate alerts for the person's resposible for monitoring compliance activities. Currently the following scenarios are available. However, the HawkEye Post-Trade Surveillance System is flexible enough to allow you to add and/or amend scenarios rapidly and easily.
Data Consolidation
HawkEye Post-Trade Surveillance System includes a variety of built-in interfaces that allow your firm to collect data from different sources(either in CSV and/or XML format). The sources may include the following data:
internal
- Transactions;front,middle and back
- Customer information
- Product/Financial instrument information
external
- Market Data - historical
- Insiders information; external and some internal
Architecture
HawkEye Post-Trade Surveillance System Architecture is developed using the latest software technologies available. This architecture can be scaled to make it local,regional and/or global to cover a broad range of Exchanges; NYSE, TSE, LSE. In addition, Historical Market Data vendors can be Reuters, or Quick, or Bloomberg or a combination thereof. The Insider Information vendor can be either Standard and Poors [S&P],(USA) or Toyo Keizai(Japan). An outline of the architecture is shown below.
System Highlights
HawkEye Post Trade Surveillance System has the following features and benefits that allow firm to implement this system with confidence to improve the firm's workflow and thereby get enhanced surveillance on trading activity.
- Security:Audit trails as well as security and system alerts can be generated based on pre-defined frequency. Access to the system is password protected. User profiles restrict access to appropriate security levels.
- Scalability and High Availability: Multiple instances of the HawkEye servler components can be configured to support fail-over. In addition, the HawkEye server can be optionally configured to support load balancing in order to ensure superior performance.
- Ease of Use: HawkEye Post-Trade Surveillance System comes with browser-based user interfaces that are extremely intuitive.
Supported Platforms
Operatiog System
Solaris/Microsoft Windows |
Web Browser
Internet Explorer |
Web Application Server
BEA Weblogic or Apache Tomcat |
Database
Oracle |
Engagement Models
- 1.Purchase software license (one time fee) & maintenance service
- 2.Do not pay for software, but pay a fixed monthly fee for usage
- 3.Use Intersoft service as if Intersoft is the compliance laboratory;you provide the raw data, Intersoft provides results/reports.
