Sell side's appetite for intelligence tools increases

The quest to be compliant with rules and regulations has never been more furious in foreign exchange markets. While monitoring and surveillance was once a low-priority activity for banks and sell-side institutions, it has been brought sharply into focus by the regulatory investigation and subsequent fines.

And it is not just the quantity of surveillance that has increased exponentially, but also the quality as banks increasingly tap the intelligence community for tools to monitor and structure