Case Study: a global investment bank reduces false positives by 66% with Forcepoint

Global investment bank cuts false positives by 66% with Forcepoint

The customer, a global investment bank based in France, faced significant challenges in meeting SEC compliance regulations due to traders' use of personal messaging apps and web forums. Their outdated monitoring technology generated a high volume of false positives and required costly, manual investigations. The bank partnered with Forcepoint to implement a modern solution using Forcepoint Behavioral Analytics to gain greater visibility into trading floor communications.

Forcepoint implemented its Behavioral Analytics solution, ingesting data from a wide range of sources including email, Skype, Bloomberg terminals, and web proxy logs to build a holistic view of trader behavior. This tailored approach, supported by embedded Forcepoint data scientists, resulted in proven SEC compliance and a 66% reduction in false positives. The bank saves an estimated $7 million annually in investigation staffing costs due to the increased efficiency.

Global investment bank