Energy and Commodity Trading Compliance

WHY ORACLE?

ORACLE IS A GLOBAL LEADER

Firms that trade energy and commodities are recognizing the importance of implementing surveillance technologies that monitor proprietary, customer, and employee trading activities for suspicious behaviors of interest.

Over the past several months regulatory agencies like the CFTC, FERC and FSA, have set clearer mandates and dispensed stiff penalties necessitating energy market participants to intensify their compliance initiatives.

Furthermore, the recent Dodd-Frank Wall Street Reform and Consumer Protection Act brings comprehensive reform to the regulation of over-the-counter derivatives and authorizes the CFTC to undertake further rule making, if required, in the areas of trade monitoring and trade processing.

For over a decade, Oracle Financial Services has delivered trade surveillance solutions that generate automated alerts extending across numerous asset classes for the global banking community. Oracle Financial Services Energy and Commodity Trading Compliance builds on these experiences to enable energy and commodity trading firms to effectively monitor their proprietary, employee, and institutional customer trading activity.

Oracle Financial Services Energy and Commodity Trading Compliance  is available as a part of the Oracle Financial Services Analytical Applications offering:

Oracle enables financial institutions to reduce false positives, achieve quicker time-to-compliance, and improve their audit cycles.

PRODUCT DESCRIPTION

Oracle Financial Services Energy and Commodity Trading Compliance (ECTC) applies sophisticated pattern recognition techniques to monitor trading and market-making activities regarding regulatory compliance and quality of execution.

The solution provides trade-by-trade visibility into interactions between traders and other market participants to identify potentially problematic practices or inferior order handling.

Oracle Financial Services Energy and Commodity Trading Compliance covers multiple instruments, market segments, jurisdictions, time zones, currencies, and market structures through the use of behavior detection scenarios to identify trading anomalies.

Additionally when deployed in combination with Oracle Financial Services ECTC Analytics the solution enables compliance and supervisory users to further explore their trading data for unusual trends, patterns, or other behaviors of interest thus providing a powerful alert and investigation solution.

ORACLE FINANCIAL SERVICES ENERGY AND COMMODITY TRADING COMPLIANCE DELIVERS

  • Flexibility and Configurability - users can readily tailor the application to meet any specific needs of the firm
  • Expedited Implementation Processes - provides multiple approaches to data acquisition that can get you up and running quickly and efficiently
  • Automated Alert Correlation - automatically searches across all alerts to identify potentially undiscovered relationships
  • Integrated Case Management - users can generate new cases or promote existing alerts to cases enabling a more holistic and enterprise approach to compliance risk management
  • Highly Configurable Scenarios
  • Comprehensive Instrument Coverage

FINANCIAL INSTITUTIONS CAN ACHIEVE THESE BENEFITS

  • Proactive view of all trading activity  
  • Increased customer satisfaction
  • Improve regulator relationships
  • Reduced cost of compliance
  • Improve regulator relationships
  • Compliance process efficiencies - provide compliance analysts with market and reference data that enables the rapid disposition and routing of alerts, efficient management of subsequent investigations, and a simple escalation process

RELATED OFFERINGS FROM ORACLE

LEARN MORE

Automating Energy and Commodity Trade Surveillance – The Time is Now! (PDF)

Effective Monitoring for Energy Trading Behaviors of Interest (Webcast)