NEW YORK, April 06, 2017 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, was awarded three major awards in Waters Technology's 2017 Sell-Side Technology Awards. Nasdaq received the awards for its SMARTS Trade Surveillance technology, which enables customers to proactively address evolving compliance challenges, as well as for strategic alliance with cognitive computing leader, Digital Reasoning, to offer next generation surveillance technology.
Nasdaq was honored with three major awards:
- Best Sell-Side Market Surveillance Product – Nasdaq’s SMARTS Trade Surveillance has been honored as the ‘Best Sell-Side Market Surveillance Product’ for four consecutive years. The category focuses on solutions that incorporate real-time surveillance capabilities for both internal and external obligations, including pattern-recognition software and case-building capabilities.
- Best Alliance or Partnership – This category is new for 2017 and is awarded to two technology providers that have combined their technologies or services over the course of the last 12 months into a single offering that is currently in use at a sell-side firm.
- Best Overall Sell-Side Product of the Year– The winner of this category is selected from the 26 winning entries from each category.
“We are thrilled to be honored with three awards from Sell-Side Technology this year,” said Valerie Bannert-Thurner, Head of Nasdaq’s Risk & Surveillance Business. “These awards are a testament to our continuous innovation and dedication to delivering the most comprehensive investigative capabilities for our clients, who are the driving force behind our technology.”
As the industry benchmark for real-time and T+1 cross-market surveillance platforms, SMARTS Trade Surveillance technology leverages over 22 years of experience to create meaningful alerts that analyze complexities in trading across asset classes and trading venues. SMARTS Trade Surveillance automates the detection, investigation and analysis of potentially abusive or disorderly trading, to help improve the overall efficiency of the surveillance organization and reduce cost, even as market complexity and new regulations increase.
SMARTS Surveillance solutions are used to power monitoring in more than 45 marketplaces, 17 regulators and 140+ market participants across 65 countries.
Nasdaq (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 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of $10.0 trillion and approximately 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com
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