
BMLL and Features Analytics have partnered to launch next-generation trade surveillance and market integrity analytics. By combining BMLL’s harmonised historical Level 3, 2 and 1 order book data with Features Analytics’ AI-driven detection approach, the collaboration supports the development and commercialisation of new data products grounded in real, reconstructed market behaviour, bringing richer context, risk measurement and explainability to surveillance workflows.
The partnership also enables a new category of surveillance benchmarking, allowing firms to independently measure and compare market abuse detection rates like-for-like over time and across market conditions. The result is regulator-ready, explainable evidence trails and improved surveillance precision, helping reduce the operational burden associated with calibration-heavy, parameter-driven legacy approaches
- Benchmark detection performance across time and market conditions.
- Strengthen regulatory explainability with auditable evidence trails.
- Lower operational burden by reducing false positives and recalibration effort.
Features Analytics delivers next-generation, AI-driven trade surveillance for financial institutions. Building on principles originally developed for cancer detection, Features Analytics developed eyeDES® - a unique AI technology and platform that detects market abuse across financial markets with exceptional accuracy. It requires no parameters and eliminates time-consuming calibration. eyeDES® continuously assesses market context, and proactively surfaces emerging, previously unseen abuse patterns across any asset class. Features Analytics provides the future-proof AI-driven component for today’s trade surveillance systems.