Case Study: ASIC enhances real-time market surveillance with Kx for Surveillance from Kx Systems

ASIC - Customer Case Study

The Australian Securities and Investments Commission (ASIC) faced the challenge of meeting its statutory obligation to oversee Australia’s licensed financial markets, needing to detect trading anomalies across all asset classes in an environment of increasing speed and data volume. They selected Kx Systems and its Kx for Surveillance solution to handle this complex, high-volume data for real-time and post-trade analysis.

Kx Systems implemented its Kx for Surveillance platform, which provided real-time event processing, historical data capture, and a market replay engine. The solution went live within nine months, enabling ASIC to identify questionable trading activity immediately. A senior executive confirmed the implementation allowed them to capture and analyze data from all participants in real time, significantly improving their surveillance capabilities.

ASIC

Greg Yanco

Senior Executive Leader of Market and Participant Supervision