Global Trade Surveillance Systems Market 2018-2022
DUBLIN, March 9, 2018 /PRNewswire/ --
The "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" report has been added to ResearchAndMarkets.com's offering.
The trade surveillance systems market is expected to grow from USD 600.2 Million in 2017 to USD 1,449.6 Million by 2022, at a CAGR of 19.3% during the forecast period, owing to the increasing need for surveillance to control market manipulation and abuse.
The rising pressure on financial markets to adhere to the regulations and compliances is also a major driving factor for the trade surveillance systems market. However, the complexity of analyzing multiple parameters and monitoring real-time events for fraud detection is a major restraining for the adoption of trade surveillance systems.
The solutions component is estimated to dominate the trade surveillance systems market in 2017. Trade surveillance solutions offer organizations several advantages, including the optimization of surveillance data, enhancement of compliance management, and streamlining of case management. The demand for services from enterprises is expected to increase, as the adoption of solutions by financial institutions is growing. Moreover, to automate, enhance, and manage the surveillance process for improved agility and efficiency, enterprises are implementing trade surveillance systems solutions.
The on-premises deployment model is expected to account for a major share of the trade surveillance systems market by deployment type. On-premises solutions are delivered with a one-time licensing fee, along with a service agreement. They have been deployed on a large scale in financial institutions over the years, as trade surveillance vendors offer customized on-premises solutions to cope up with the available IT infrastructure. It contributes to the dominance of on-premises solutions in the market.
Major trade surveillance system providers 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). These players have adopted various growth strategies, such as new service launches, upgradations, and partnerships with technology companies to cater to the dynamic and specific needs of their clients across the globe.
Market Dynamics
Drivers
- The Requirement of Monitoring Trade Activities in Financial Institutions is Expanding Quickly
- Need for Surveillance to Control Market Manipulation and Market Abuse
- Regulatory and Internal Compliances
Restraints
- Analyzing Multiple Parameters and Monitoring Real-Time Events for Fraud Detection is Complex
Opportunities
- Need for Modern and Proactive Trade Surveillance
- Demand for Low-Latency Reporting and Time-Series Databases
Challenges
- Design and Implementation of Surveillance Systems
- Non-Standardization of Compliances, Evolving Business Models, and Expanding Global Regulations
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Trade Surveillance Systems Market, By Component
7 Market By Deployment Type
8 Market By Organization Size
9 Trade Surveillance Systems Market, By Region
10 Competitive Landscape
11 Company Profiles
- Aca Compliance Group
- Aquis Technologies
- B-Next
- Cinnober
- FIS
- IPC
- Nasdaq
- Nice Systems
- Onemarketdata
- SIA S.P.A.
- Scila
- Software AG
For more information about this report visit https://www.researchandmarkets.com/research/ldh5jd/global_trade?w=5
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