A New Vanguard in Trade Surveillance: LookOut Scoops the Trade Surveillance Product of the Year at Risk Technology Awards 2023

July 22, 2023

Key Takeaways

  1. LookOut, a product by LIST—an ION company—clinches the Trade Surveillance Product of the Year title at the Risk Technology Awards 2023.
  2. LookOut uses AI and ML to help compliance teams accurately analyse financial market data and operator behavior.
  3. The solution caters to trading regulations across Europe, the US, and the APAC region, and is designed to help investment firms and trading venues meet their compliance requirements.

ION: The Powerhouse Behind LookOut

ION, a leading global provider of trading, analytics, treasury, and risk management solutions, has a new feather in its cap. Its product, LookOut, has been crowned the Trade Surveillance Product of the Year at the Risk Technology Awards 2023. The product, created by LIST, an ION company, has been designed as a multi-compliance solution for trade and market surveillance, regulatory reporting, and business analytics for investment firms and trading venues.

LookOut: The Revolutionary Multi-Compliance Solution

LookOut excels in addressing the increasing complexities, volumes, and extreme events affecting financial markets. The product’s team constantly evolves it to match changing regulations, providing compliance teams with the required data and features to refine their analysis.

LookOut adheres to trading regulations across Europe, the US, and the APAC region. Its advanced technology capabilities harness machine learning and artificial intelligence, enabling compliance teams to effectively manage alerts and thoroughly investigate their severity before escalating. LookOut shines in analyzing orders, scrutinizing RFQs, trades, and public market data. It uses automated detection patterns to examine market data and operator behavior, thus maximizing efficiency and minimizing false positives.

Upon receiving the award, Mirko Marcadella, LIST’s Chief Product and Marketing Officer, expressed his enthusiasm: “We are thrilled and humbled by this recognition of LookOut as an effective solution for capital markets. LookOut navigates through all the major regulatory landscapes, complying with surveillance regulations… I honor the LIST team behind this outstanding product, and thank our clients for their trust in us and their commitment to trade surveillance.”

The Driving Forces: ION, ION Markets, and LIST

ION stands at the forefront of providing mission-critical trading and workflow automation software, high-value analytics, insights, and strategic consulting to various institutions. Its solutions simplify complex processes, enhance efficiency, and enable better decision-making. It is a partner in transformation, helping its clients achieve sustained success through continuous innovation.

ION Markets, on the other hand, provides transformative technology and solutions to financial institutions dealing in various areas. It simplifies operations, provides risk management tools, maximizes liquidity access, and grants real-time access to critical information for timely operational decisions and execution on a global scale.

LIST, another significant pillar of the ION family, is a leading financial technology provider to the global trading community. It offers unique real-time and data analytics capabilities, supporting successful business growth in volatile times.

Risk Technology Awards: Recognizing Industry Excellence

The Risk Technology Awards honor vendors that excel in helping the industry overcome various challenges in ALM, credit, operational risk, and wider enterprise risk management. Run by Risk.net, a leading platform in risk management and risk transfer, these awards celebrate the pioneering contributions made by technology solutions like LookOut.

LookOut’s recognition as the Trade Surveillance Product of the Year is a testament to its role in revolutionizing trade surveillance, proving that technology can indeed drive compliance efficiency, providing a safer and more reliable trading environment.

For more information, please visit ION, ION Markets, LIST, and Risk Technology Awards.

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