Modernizing the Infrastructure Behind Broker-Dealer Oversight

Most broker-dealers are running on a patchwork of systems acquired over years of organic growth, mergers, and vendor changes. We map your entire technology landscape — order management, execution, clearing, compliance, surveillance, reporting — and identify where the gaps, redundancies, and single points of failure live. Then we build a prioritized modernization roadmap that balances regulatory deadlines, operational risk, and budget reality.

65% of advisors say their tech stack needs an upgrade, and 44% have switched firms because of poor technology. We help you avoid being the firm people leave — and build the platform that attracts the talent and clients you want.

Surveillance isn't a product you buy — it's a capability you build. We design surveillance architectures that detect what they're supposed to detect: spoofing, layering, wash trading, front-running, marking the close, and insider trading patterns. That means configuring alert logic around your actual trading volumes and strategies, building exception workflows with clear escalation paths, and calibrating thresholds so your team is reviewing real signals instead of clearing thousands of false positives.

FINRA examinations consistently find unreasonable surveillance parameters, failure to review automated alerts, and coverage gaps across institutional accounts and affiliates. We build systems that address exactly those findings — before your examiners do.

Clean data is the foundation of everything else — surveillance, reporting, analytics, and regulatory compliance. We design data architectures that unify fragmented sources across front, middle, and back office into a single, reconciled data layer. Master data management, reference data governance, and integration pipelines that feed every downstream system with consistent, timely, and accurate information.

CAT reporting alone requires broker-dealers to capture and submit detailed order lifecycle data across all eligible securities. Without a clean data architecture, firms end up with incomplete submissions, late error corrections, and recurring exam findings. We build the plumbing that makes reporting accurate by default.

Regulation SCI requires firms to maintain systems with high levels of capacity, integrity, resiliency, availability, and security — and to report SCI events when those standards aren't met. We embed telemetry and monitoring across your critical systems so you know when something is degrading before it becomes an incident. Health dashboards, alerting thresholds, capacity forecasting, and incident response automation — designed to keep you ahead of both operational failures and regulatory expectations.

This isn't just infrastructure monitoring. It's compliance-aware observability that ties system performance directly to your regulatory obligations.

We automate the reporting workflows that consume your operations team's time — FOCUS reports, CAT submissions, TRACE/MSRB filings, exception reports, and internal compliance dashboards. Every automated workflow includes validation rules, exception routing, and audit trails that satisfy Rule 17a-4's electronic recordkeeping requirements. The goal is reporting that's accurate by design, not accurate because someone caught the error manually.

The 2022 amendments to Rule 17a-4 moved to a technology-neutral, audit-trail approach for electronic records. We help firms modernize their recordkeeping systems to take advantage of that flexibility while maintaining the preservation and accessibility standards examiners expect.

Your trade data, compliance data, and operational data contain insights you're not using. We build analytics capabilities that turn raw data into decision-making tools — execution quality analysis, risk concentration dashboards, compliance trend reporting, and operational KPIs that give leadership a real-time view of firm health. From self-service BI environments to automated anomaly detection, we help your firm move from reactive reporting to proactive oversight.

Financial services firms using AI and automation in their surveillance and compliance programs save an average of $1.9 million annually compared to those that don't. We help you identify where automation delivers real ROI — and where human judgment still matters more.