Trade surveillance systems market categorizes the global market by solution as risk and compliance, reporting & monitoring, surveillance & analytics, case management, by service, by deployment type, by organization size, and by region.
The report "Trade Surveillance Systems Market by Component (Solution (Risk and Compliance, Reporting & Monitoring, Surveillance & Analytics, Case Management) and Service), Deployment Type, Organization Size, and Region - Global Forecast to 2022", the trade surveillance systems market size is expected to grow from USD 600.2 Million in 2017 to USD 1,449.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The rapidly growing requirement of monitoring trade activities in financial institutions is a major driving factor of the trade surveillance systems market.
Moreover, the need for surveillance to control market manipulation and market abuse is expected to drive the trade surveillance systems market.
The rapid adoption of trade surveillance systems solutions, owing to increasing number of regulations and compliance, is expected to make Europe the largest regional market.
Europe is expected to have the largest market size in the trade surveillance systems market during the forecast period. The UK, Germany, and Sweden are the top contributors in this region.
MiFID2 came into effect on January 03, 2018 and demands more data fields, asks financial institutions to move all transactions to electronic platforms for better auditing, and ensures confidence and transparency of workflow to investors. MAD and MiFID2 regulations are also acting as the positive factors for the adoption of trade surveillance systems solutions and services in this region.
However, different regulatory compliances in different countries, which challenge vendors to customize their software platforms according to different regulations in Europe is expected to act as a hindrance to the market growth of the market. Furthermore, increasing adoption by SMEs across the region is driving the growth of the solutions segment.
The surveillance and analytics solution is expected to grow at the highest CAGR during the forecast period.
Capital markets can grow efficient only when the trust and confidence of investors and industry participants is maintained. For this purpose, the regulatory bodies impose regulations that help in monitoring lawful trading.
The surveillance and analytics solution helps in the systematic collection, analysis, and interpretation of outcomes from a specific data for use in planning, implementing, and evaluating compliance policies and practices. The solution helps in improving the current surveillance process results and delivers greater efficiency and accuracy to bring the power of cognitive analysis to the financial services industry.
The large enterprises segment is expected to gain a larger market share during the forecast period.
Organizations with more than 1,000 employees are categorized as large enterprises. Large enterprises have necessary resources, but face issues when it comes to deployment, due to the variety of solutions and applications in place.
The adoption of trade surveillance solutions is said to be relatively high among large enterprises. This higher adoption is due to the requirement of a modern, holistic approach to trade surveillance, along with broad functional and regulatory coverage, and the flexibility to meet the demands of today’s complex business environment.
The market share of the trade surveillance systems market across large organizations is likely to be larger during the forecast period, as it offers end-to-end surveillance, supervision, and compliance risk management.
The major vendors in the trade surveillance systems market include NICE Systems (Israel), FIS (US), Software AG (Germany), Nasdaq (US), Cinnober (Sweden), Aquis Technology (UK), SIA S.p.A (Italy), IPC (US), b-next (Germany), ACA Compliance Group (US), OneMarketData (US), and Scila (Sweden).
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