Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, was selected as having the 'Best New Technology Product - Market Surveillance' in this year's FOW International Awards. Nasdaq's SMARTS Surveillance solution received the award for its Depth View, which enables compliance analysts to visualize order-book imbalance with alert-specific views of large data sets - allowing for effective processing of information and more efficient surveillance.
Now in the sixth year in their current format, the FOW International Awards recognize the very best achievements from across the global cleared derivatives market. The FOW International Awards are judged by a panel of industry experts drawn from across the market in a range of disciplines.
"This recognition from FOW is a testament to the fantastic efforts by our team in new product developments," said Michael O'Brien, Head of Product Management for Risk & Surveillance Solutions, Nasdaq. "As behaviors continue to evolve, we strive to be one step ahead of potential market threats with innovative solutions that enable firms to better understand conduct risk as a whole."
Nasdaq SMARTS Surveillance solutions have been the industry benchmark for real-time, cross-market, cross-asset surveillance for 22+ years. Used by over 3500 compliance professionals around the world, SMARTS solutions currently power surveillance at 47 marketplaces, 17 regulators and 140+ market participants. A SaaS solution covering all asset classes, SMARTS Trade Surveillance enables surveillance professionals to monitor trading across 140+ venues globally.