Detection of financial instrument manipulation

mSPERT

Detecting attempts at financial instrument manipulation

The mSPERT system is an application designed to detect attempts at financial instrument manipulation in accordance with MAD/MAR. The application operates based on defined rule models, analysing data from any financial market (e.g., GPW, FOREX, TGE, OTC), also detecting abuses, irregularities, and cases of insider trading.

Functionality

  • Import of client, account, order, and transaction data (including proprietary).

  • Import of market data.

  • Automation of main processes (including data import and analysis rules).

  • Identification of potential manipulations and abuses based on defined rule patterns for analysing orders and concluded transactions in relation to acquired external data (market data, ESPI communications).

  • Comprehensive visualisation of the results of analysis rules.

  • Ability to verify and flag potential manipulations, documenting the case.

  • Generation of STOR reports.

Benefits

  • Fulfilment of obligations regarding manipulation and insider trading resulting from MAD/MAR legal acts and sectoral regulations.
  • Reduced labour intensity through the use of built-in rule algorithms verifying orders and transactions, also in relation to market data and ESPI communications.
  • Streamlined fraud identification process and ensuring continuity of analyses thanks to automation of tasks performed in the system – data import and processing of analysis rules.
  • Increased effectiveness of the compliance team’s work with low employee workload.
  • Facilitation of verifying suspicious situations by presenting results and relevant data in one place.