Banking, Financial Services and Insurance (BFSI) Trends

A trade surveillance system is used to  monitor  trading activities across the finance sector. It is, thus, used by financial institutions and regulatory bodies to detect suspicious activity and ensure transparent finance operations. It plays  an important role   in  maintaining  investor confidence. The finance sector generates data related to stock, commodities, foreign exchange, bonds, and others. It is not possible to  monitor  this data manually, owing to the associated complexity. Therefore, trade surveillance systems are used by individuals working across the finance sector. These systems help analyze trading patterns and flag suspicious activity.   Trade surveillance systems   help   monitor  insider trading, front running, and spoofing.  They  help detect unusual trading behavior and prevent financial misconduct. These systems also support compliance with regulatory requirements set by financial authorities. ...

Accounting and budgeting software helps manage financial data and records, track expenses and income, and simplify complex financial processe s such as budgeting, forecasting, invoicing , bookkeeping , cash flow, payroll management, and other functions. It helps plan, manage, and control financial resources by enabling the users to monitor spending patterns and analyze the variable projected and actual costs , which increase the efficiency, accuracy, and transparency of finances.     All types of organizations, be it small firms, medium -sized enterprises, or large multinational companies, use accounting and budgeting software for accurate record keeping, comply with financial regulations, gain insights, plan accordingly, and make strategic decisions. Accountants and finance professionals use these applications to streamline workflows and gain real-time financial insights . These help business owners and managers evaluate performance, control and optimize operati...