Brandex Financial’s client Ideal Prediction has taken home a win for their market leading e-surveillance solution for banks and financial institutions.

FX Week’s e-FX Awards are judged by a panel of capital markets experts. They recognize and reward excellence, innovation and vision in electronic FX services among banks, brokers, vendors and the buy-side.

Caplin’s focus on agile methodology provided the flexibility during development to change elements of functionality, reflecting rapid changes in crypto-market conditions. The platform utilises modern mobile multi-factor authentication, and monitors the market, proving real-time charts and notifications.

Ideal Prediction’s award-winning Scope service automatically monitors order and trade activity, evidencing that humans and algorithms adhere to governance and risk controls. It highlights potential issues like last look, spoofing, flashing, layering, order violations, limit breaches, and P&L flags in order to monitor adherence to the FX Global Code and strengthen regulatory compliance.

Ideal Prediction recently added Natural Language Processing (NLP) to its service. Prior to this, users had only a prescriptive set of analytics, with each service requiring specific programming, but by adding NLP clients are able to visualize and analyze calculations beyond those available in an out-of-the-box user interface.