e-FX Awards: Nasdaq Smarts & Digital Reasoning – Best e-Surveillance Provider

Advanced monitoring technology using artificial intelligence has reduced false positives by up to 70%

Michael O'Brian
Michael O’Brien, head of product management, risk and surveillance at Nasdaq

The days when trading data and electronic communication were analysed separately are antiquated. The way forward, says Michael O’Brien, head of product management, risk and surveillance at Nasdaq, is to focus on monitoring the activity of traders and bringing in other sources of data that can add value to the alerts delivered to a firm’s compliance department.

“Just adding noise or more information doesn’t necessarily mean more insight. Sometimes it just brings in more noise and makes things le