Case Study: a top tier investment bank achieves faster trade surveillance with Sigmoid

Top Tier Investment Bank improves trade surveillance timelines from T+3 to T+1 with Sigmoid

The customer, a top tier investment bank, faced difficulties in making its trade surveillance system compliant with MAR and MiFID II regulations due to a lack of quality data engineering skills. They engaged vendor Sigmoid to revamp their existing systems to ensure optimal performance.

Sigmoid implemented a Spark-based ETL solution to improve the data pipeline's performance and resource optimization. This reduced processing timelines from T+3 to T+1 and created a platform for ad-hoc surveillance. The solution resulted in 4x faster response times and delivered significant gains in overall orchestration for the bank.