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Is Holistic Surveillance living up to the hype? - Shield

Around 2016, u201cholistic surveillanceu201d was a phrase on the lips of just about everyone working in RegTech or with some stake in regulatory compliance within financial services institutions. Read the PDF or visit us for full details at https://bit.ly/3Csk04V

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Is Holistic Surveillance living up to the hype? - Shield

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  1. 25 20 15 10 5 0 Item 1 Item 2 Item 3 Item 4 Item 5 CALAIS UNIVERSITY INVITES YOU TO FOUR YEARS SINCE COINED, IS HOLISTIC SURVEILLANCE LIVING UP TO THE HYPE? . Holistic surveillance, offered by several companies today, promised to help companies deal with the massive volume and scope of data that they are today expected – and legally required — to monitor in order to achieve compliance.

  2. CALAIS UNIVERSITY INVITES YOU TO THE HOLISTIC APPROACH TO COMPLIANCE The holistic approach to compliance said that it would be able to connect trade and eComms data from both trade surveillance platforms and lexicon-based alerts generated from electronic communications. At a time when regulatory expectations have ramped up across the board for all financial institutions, with penalties levied for failing to comply with current rules, and new rules being added all the time, holistic surveillance sounded good. Maybe too good. Discussions and talks on youth entrepreneurship. MAY 12, 2020 1-5 PM DHAMAZ AUDITORIUM All attendees must bring their IDs. According to the PwC Market Abuse Surveillance Survey 2019, just 50 percent of banks surveyed were satisfied with their trade surveillance solutions, only 45 percent satisfied with their communications surveillance solutions, and a mere 40 percent with their voice surveillance solutions. Clearly, something has gone wrong in translating the dream of holistic surveillance into reality.

  3. Connecting the dots Connecting the dots between the “what” (the trade data) and the “why” (the comms) is both about intuitively linking and triangulating trade data with electronic communications of various sorts in a trail of digital breadcrumbs. It’s also about finding ways to connect the various silos that data is frequently kept in. Enter the promise of holistic surveillance? What some call “holistic surveillance” means monitoring both structured, transactional data and the unstructured data of communications such as voice conversations and text-based chat messages across a range of platforms. Connecting the dots A truly comprehensive compliance system, a hybrid surveillance program, should deal with data capturing, archiving, record-keeping, eDiscovery and advanced search, investigations, and surveillance: in essence, anything and everything that falls under the banner of eComms https://www.shieldfc.com/

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