DV Trading contracts with TT for surveillance software

Source: Trading Technologies

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that DV Trading, a leading proprietary trading organization, has contracted to utilize TT Score, TT’s cutting-edge trade surveillance software for advanced detection of manipulative trading activity.

DV Trading will utilize TT Score’s machine learning powered surveillance models to oversee all internal trading activity as a part of the firm’s global compliance program. Additionally, DV Trading’s proprietary traders using the TT platform will have direct access to TT Score’s surveillance technology for complete transparency into their own trading activity.

“We’ve had a great experience implementing TT Score’s advanced surveillance software within our firm,” said Shifra Katz, Head of Legal and Compliance at DV Trading. “TT Score’s advanced pattern recognition technology, including unique visualization tools, such as Heatmap, Scorecard and Market Ladder Replay, will enable us to identify high-risk activity and reduce false positives with minimal effort.”

“Over the past year, we’ve introduced new models, such as Marking the Close, and expedited our onboarding process to allow firms to view compliance results by simply checking a box,” said Guy Scott, Managing Director, Sales Americas of Trading Technologies. “Advancements like these have positioned TT Score as the cutting-edge surveillance solution for leading firms such as DV Trading.”

Since the launch of TT Score in 2017, TT has made significant enhancements to its market-leading machine learning surveillance technology, including the introduction of new, more robust models, a fully-integrated case management system, a redesigned graphical user interface (GUI) and complete integration with the TT platform. By integrating with the TT platform, TT Score greatly simplifies the implementation process and removes hurdles typically associated with implementing compliance software. TT Score is also fully hosted on TT’s architecture, eliminating the need for a separate server and encouraging compatibility with third-party vendors and proprietary systems via FIX Drop Copy.

Comments: (0)