Trade Surveillance and Compliance Technology: 2019 Budget Outlook

According to Aite Group’s latest research, 60% of firms expect 2019 budget increases, while 59% of firms expected expansion in 2018. 

Boston, November 21, 2018 — Firms’ compliance budgets—once skimpy and pared down to cover bare necessities—have burgeoned to the point of near generosity, as financial firms across the globe have gradually realized the value of employing a more proactive regulatory response strategy. Trade surveillance and monitoring technology continues to be a top spend allocation throughout these efforts. Specific budget allocations, however, are being consistently tweaked and redirected to fulfill the remaining weak spots in firms’ compliance infrastructures. Aite Group’s newest report, Trade Surveillance and Compliance Technology: 2019 Budget Outlook, provides a detailed analysis of the current state and near- to mid-term outlook of trade surveillance and compliance spending, including insight into emerging spending trends by firm segment.

“A pattern that has emerged in recent years and has continued in 2018 is the settling of budget increases into sustainable growth ranges, indicating that spending is likely being devoted to long-term resource investment rather than solely to initial infrastructure deployments; recently reported budget increases as well as budget expectations remain high but have become somewhat normalized,” explains Danielle Tierney, senior analyst at Aite Group.

This new Aite Group Impact Note is an update to Aite Group’s 2018 compliance budget analysis and continues Aite Group’s coverage of the trade surveillance and compliance space. It is based on proprietary Aite Group research as well as data collected in global surveys executed by Nasdaq and Aite Group in 2015, 2016, 2017, and 2018 through the Nasdaq and Aite Group Global Compliance Survey.

To request a press copy of this report or to speak with Danielle Tierney about this topic, please contact us at pr@aitegroup.com.

About Aite Group:
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, we guide financial institutions, technology providers, and consulting firms worldwide. We partner with our clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger. Visit us on the web and connect with us on Twitter and LinkedIn.

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