KX Integrates E-Comms Capability with KX Surveillance Solution

KX, a worldwide leader in real-time streaming analytics, announced that it has integrated an electronic communications (E-Comms) capability with its KX Surveillance solution.

This enhancement enables the real-time capture, processing, and analysis of unstructured data – such as email, chat, forums and JSON voice transcripts – alongside structured trade data for improved regulatory compliance and fraud detection.

The integrated solution includes enhanced Natural Language Understanding (NLU) machine learning capabilities enabling more precise, intelligent, and automated monitoring of all types of communications. This more accurately identifies suspicious communications and insider threats while reducing false positives.

A single consolidated Action Tracker provides a real-time alerting system to notify when potentially suspicious communications are taking place amongst internal and external entities involved with trade activities. Advanced search capabilities allow for easy searching across all communication and trade data in one place including other data formats including images and pdfs.

SVP Financial Services at KX, John Dalton, said: "Global regulatory requirements demand that financial organizations detect and monitor fraudulent activity in real-time, yet monitoring communications taking place on channels outside formal corporate IT systems can be hard. By integrating E-Comms capabilities with our industry-leading trade surveillance platform, we're providing a holistic view of the data relevant to fraud detection and adding insight around intent to the activity itself."

Earlier this year, Fazzaco reported that First Derivatives has named Eric Raab​ as Chief Technology Officer (CTO) for KX, the Group's ultra-high-performance analytics software business.