Trade surveillance systems spend to reach $4.9 billion by 2029

A new study from Juniper Research, the foremost experts in fintech and payment markets, has found that spend on third-party trade surveillance systems will grow by 82% globally by 2029, from $2.7 billion in 2025.

Trade surveillance systems are deployed to capture and analyse trade data to identify and flag potential instances of market abuse, such as insider trading or creating false impressions of supply and demand in financial markets.

Juniper Research anticipates this growth will be driven by an acceleration in the adoption of trade surveillance tools. Tightening regulations require financial firms to capture a wider scope of trade data and pre-emptively prevent illegal trading activities. The study emphasised the need for accurate and complete data integration; crucial for understanding the context behind trades.

Solutions Must Leverage AI for Prevention
Juniper Research urges stakeholders to shift to preventing illegal trading activity rather than reacting to it. Trade surveillance systems must have greater access to data from employee communications channels and external news sources; helping AI more accurately detect patterns of abnormal trading behaviour.

Research Author Daniel Bedford explained: “To capitalise on a shifting regulatory environment, we urge vendors to leverage AI at the core of their operations. Vendors who fail to implement robust, proactive AI models will lose out to more agile competitors.”

The research also identified communication monitoring tools as vital to vendor success; as integrating pattern detection tools allows firms to detect subtle signs of market manipulation which go unnoticed when analysing trade data alone. Surveillance vendors must prioritise fostering partnerships with a wide range of news outlets, trading exchanges, and messaging providers, to boost prevention performance. Juniper Research