Combines a holistic view of communication and trade surveillance with AI advanced analytics in a single, customisable system
Enables organisations to avoid, detect, and investigate suspicious behaviour using AI
Provides communications data surveillance to assist with trade reconstruction, thus simplifying MiFID II compliance

Software AG (Frankfurt TecDAX: SOW) today announced the availability of Apama EagleEye, a fully supported market surveillance system, which provides a holistic view for multi-asset class global surveillance.

With today’s real-time markets and ever-changing regulations, such as the Markets in Financial Instruments Directive II (MiFID II), financial organisations need to rapidly detect and respond to abusive trading patterns and rogue trading.

Software AG’s Apama EagleEye monitors communication and behavioural data, enabling financial firms to analyse their regulatory compliance activities in a single view in real time.

Wolfram Jost, Chief Technology Officer, Software AG said: “With organisations scrambling to meet deadlines for MiFID II, GDPR and other regulations early next year, they will welcome a solution that offers not just a single view of all of their data, but also analyses it for possible compliance breaches.”

With Apama EagleEye, organisations can monitor live streaming data, historical information, and communications to detect compliance rule breaches and abusive patterns across asset classes, geographies, and markets. Apama EagleEye seamlessly extends rules-based surveillance strategies by integrating with artificial intelligence (AI), machine learning, predictive analytics, and statistical models based on open industry standards.

Via alerting, case management, and customisable reports, Apama EagleEye arms compliance teams with a comprehensive tool to optimise compliance breach analysis.

Jost concluded: “Regulators and board members are asking compliance to do more – and to do it more quickly, often in near real-time. Apama EagleEye helps companies to protect their profits from fraud, avoid regulatory penalties and to spot trading misconduct before it impacts the bottom line.”

Apama EagleEye leverages the latest features of Software AG’s award-winning Apama streaming analytics platform combined with Zementis’ predictive analytics capabilities.