MAST Trade Surveillance

The industry-leading trade surveillance solution for global markets

Improve your detection of market abuse, reduce false positives and uncover cross-product abuse.

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Protect your firm from market abuse

MAST is the industry-leading trade surveillance solution, trusted by some of the largest financial institutions in the world. As the only solution that understands trading in the same way as a market professional, MAST's approach filters out noise and delivers exceptionally low false positive rates for both single-product and cross-product abuse scenarios. To learn more about our approach and what makes MAST unique, head to the link below.
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Leading the way in trade surveillance

MAST solves surveillance challenges in unique and innovative ways. The advantages MAST provides to our customers have fuelled the integration of MAST across all financial markets.
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    135M+

    Number of trades we analyse per day

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    25%

    Global AUM that we monitor trades for

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    45+

    Countries we analyse trades from

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    18

    Tier 1 - 4 investment bank customers

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Introducing Order Book Surveillance

Introducing Order Book Surveillance, a powerful new add-on to MAST. By combining alerts with a visual representation of the order book and real-time market replay functionality, Order Book Surveillance empowers surveillance teams to detect and investigate market manipulation behaviours more effectively.
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What makes MAST different?

True cross-product abuse detection

Modelling the behaviour of correlated instruments empowers MAST to automatically identify situations where a trader has used correlated instruments to commit market abuse. This is particularly crucial in fixed income markets where MAST's abilities are unparalleled.

Customisation

Through our Calculation as a Service (CaaS) framework, you have the capability to augment, customise and build new solutions for your individual use cases.

Comprehensive coverage

MAST has been designed to cover all asset classes and abuse types, including complex products such as OTC derivatives.

Materiality-based alerts

Our materiality-based approach allows us to understand the trades, orders, RFQs and positions that pose the greatest risk to your firm, so that you know which alerts to prioritise and investigate first. 

 

 

Built with a trader's mindset

MAST has been developed using mathematical models that seek to understand the statistically estimated market impact of trades, orders, RFQs and positions. This gives us the ability to understand the intent of the trader, a primary concern for regulators.

Auto-calibration

MAST adapts dynamically to directly observed changes in market conditions, auto-calibrating our estimates in times of market instability. This limits the need to manually adjust thresholds and parameters and, crucially, dramatically reduces false positives in times of market volatility.

To learn more about MAST’s comprehensive coverage and customisation capabilities, as well as how it is uniquely suited to detect cross-product abuse, download the MAST brochure.

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Download our resources

Factsheets

Access our material to learn more about MAST and the ways we can help you advance your trade surveillance function.

MAST - Key Benefits

Understand how MAST's capabilities exceed legacy rules-based systems as a fundamentally better trade surveillance solution.

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Fixed Income Coverage

Learn about our fixed income coverage and the unique capabilities we can provide you within this asset class.

Download the Factsheet

Order Book Surveillance

Learn about our new Order Book Surveillance offering and how it empowers surveillance teams to detect and investigate market manipulation behaviours more effectively.

Download the Factsheet

Thought Leadership

Download some of our content to get a better understanding of the way we view market abuse and how fundamentally different it is to our competitors.

The Challenges of Fixed Income Surveillance Series - Part One

In Part One, we introduce the challenges of fixed income surveillance and why a risk-based approach is the answer.

Download the White Paper

The challenges of fixed income surveillance series - part Two

Part Two explores market manipulation and how we can use market impact models to address the challenges of fixed income trade surveillance.

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The challenge of fixed income surveillance series - Part Three

In Part Three, we discuss market abuse utilising multiple products, also known as cross-product abuse, with a focus on the fixed income asset class.

Download the White Paper

Advance your surveillance function

Let us help you improve your detection of market abuse with a risk-based approach that empowers you to focus on the highest-risk transactions threatening your firm.