Recent enforcement actions and subsequent statements from the regulators have now made it clear that the traditional supervisory processes are no longer sufficient – there is a gap. They want to see a broader, more risk-based and context driven approach to supervision and surveillance.
Catelas is a single integrated platform that serves the specific needs of Front Office Supervision, Surveillance, Risk, Investigations & eDiscovery. A combination of algorithms (relationship forensics, behavioral, content) are wrapped in a machine learning framework to automate the suppression of false positives,, the fast clearance of your review queue and the identification of true negatives.
- 95% reduction in false positives
- True negatives detected by machine learning
- 80% reduction in time to clear review queue
Overall Catelas reduces the time taken to supervise your business by over 80%, while providing compliance with the first demonstrably defensible solution. High risk events are resolved in minutes not hours, creating an audit trail that demonstrate to a regulator the comprehensive nature of a firm’s process.
Catelas delivers a complete holistic surveillance solution, by integrating to trade surveillance systems, such as NICE Actimize, Nasdaq SMARTS, TradingHub and bespoke Trade Surveillance systems and by deploying advanced patented algorithms that leverage relationship analytics, machine learning, behavioral science and content analytics. Learn more about these regulatory drivers
The Catelas eComms Surveillance Suite helps companies identify compliance issues much more quickly and effectively than ever before – and get ahead of them fast. By linking trade alerts to eCommunications and Voice, Catelas combines information about your employees, what they say and the trades they execute, giving analysts total visibility into how business is conducted. Without increasing resources, our customers operate a far more comprehensive and defensible compliance program, positioning them well with regulators.
Insider dealing, market manipulation, and the movement and sharing of Material Non-Public Information (MNPI) are activities conducted between individuals with strong trusted relationships. Catelas helps Compliance become Smarter, Earlier by allowing the analyst to visualize Information Barriers, Control Rooms, Watch List networks, and Bloomberg Chat rooms, automatically guiding the analysts to where the risks are greatest within these large collaborative networks. These networks are made visible through advanced visualization tools and the people that matter identified using our relationship filters. While the analyst can still linearly review all messages such as email, IM, social media and Bloomberg, our value across such processes like review, supervision, surveillance and investigation is to cut the time taken by 80%.
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