Nasdaq and Digital Reasoning Establish Exclusive Alliance to Deliver Holistic Next Generation Surveillance and Monitoring Technology
(Thomson Reuters ONE) -
NEW YORK and NASHVILLE, Tenn., Feb. 23, 2016 (GLOBE NEWSWIRE)
-- Nasdaq (Nasdaq:NDAQ) and Digital Reasoning, a leader in cognitive computing,
have announced a strategic alliance to offer next generation, holistic
surveillance technology to the global capital markets, including the buy-side,
brokers, regulators and exchanges. Digital Reasoning's eComms monitoring for
proactive compliance and Nasdaq's industry leading and award-winning SMARTS
Surveillance solutions will deliver a unified approach through the integration
of trade surveillance alerts with natural language processing and machine
intelligence-based technology all within a single interface. In addition, Nasdaq
has participated in Digital Reasoning's Series D investment round.
"Digital Reasoning is a true disruptor in the financial technology space," said
Valerie Bannert-Thurner, Head of Risk & Surveillance Solutions, Nasdaq. "Our
partnership with Digital Reasoning will not only enable us to strengthen our
current surveillance solution but also allow us to utilize the best capabilities
and data sourced from each product to deliver monitoring technology that will
allow firms to take a truly holistic approach to surveillance across structured
and unstructured data and strengthen their monitoring and detection
capabilities."
Digital Reasoning's sophisticated natural language processing and machine
intelligence-based technology is able to understand how people communicate by
analyzing the context, content and relationships within human communications,
while semantically revealing concealed insights - enabling firms to better
understand the intent and meaning behind specific behaviors. The capabilities
encompassed within Digital Reasoning's platform, when combined with the data and
detection capabilities delivered by SMARTS, offer immediate benefits to the
surveillance community. Surveillance analysts can leverage insights across
communications and trade data to automatically prioritize areas for evaluation
and enable accurate and rapid investigations.
"As an existing user of both vendors, the strategic agreement between Nasdaq and
Digital Reasoning presents an exciting development across the UBS market
surveillance tool set," said Kirsty Everett, Global Head of Monitoring &
Oversight at UBS. "By combining existing trade surveillance alerting with
communications data, it should quickly and holistically provide the surveillance
analyst with specific electronic communications associated with potential market
manipulation and/or conduct risk issues."
In addition to contextualizing current alerting processes, the partnership will
drive a paradigm shift in behavior detection to identify heretofore concealed
activities, conduct investigations much more quickly, and continue Nasdaq's
leadership in establishing and enabling industry best practices and standards in
surveillance.
"The application of machine intelligence to identify inappropriate activity in
digital communications greatly boosts positive predictive values over
traditional methods, and it brings a radical new technological approach to the
field of behavior analysis," said Marten den Haring, Chief Product Officer,
Digital Reasoning. "By partnering with Nasdaq, we can raise the bar in signal
detection across disparate systems and apply deep understanding of context to
assess risk, without adding workload to the already burdened surveillance
analyst."
With over 20 years of experience as the industry benchmark for surveillance
platforms, Nasdaq SMARTS technology powers surveillance and compliance for over
40 marketplaces, 12 regulators and 110 market participants across 65 markets
globally.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq enables customers
to plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating today's
global capital markets. As the creator of the world's first electronic stock
market, its technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to more than 3,700
listed companies with a market value of approximately $9.6 trillion and nearly
10,000 corporate clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com.
About Digital Reasoning
Digital Reasoning delivers trusted cognitive computing for a better world. For
more information go tohttp://www.digitalreasoning.com and follow on Twitter
at (at)dreasoning.
NDAQG
For Media Inquiries:
Nasdaq
Ryan Wells
Email: ryan.wells(at)nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
Digital Reasoning
Jason Beck
Email: jason.beck(at)digitalreasoning.com
Direct: +1 (615) 567-8633
Mobile: +1 (615) 838-0457
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nasdaq via GlobeNewswire
[HUG#1988537]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="MAG Silver Announces US$65 Million Bought Deal FinancingDatum: 23.02.2016 - 13:22 Uhr
Sprache: Deutsch
News-ID 452666
Anzahl Zeichen: 6016
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 208 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Nasdaq and Digital Reasoning Establish Exclusive Alliance to Deliver Holistic Next Generation Surveillance and Monitoring Technology"
steht unter der journalistisch-redaktionellen Verantwortung von
Nasdaq (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
