Our professionals assisted a global commodities brokerage to review automated processes in their trading and back-end systems. The CRA team members analyzed systems code to understand how a rogue trader incurred a loss of $141.5 million during an overnight trading session. Our experts identified how the trader was able to generate unauthorized trades and why the trades were not detected.
Data analytics, machine learning, and investment compliance
Financial institutions that employ investment advisers to manage client portfolios and regulatory authorities that monitor those advisers have not fully...