Getting started with Trade Surveillance & Market Abuse Monitor

The Trade Surveillance & Market Abuse Monitor collects employees' personal trading from their brokers, checks it against your restricted and watch lists, pre-clearance approvals and the firm's own trading, and flags patterns that look like front-running or trading on inside information. Compliance reviews each exception, records the outcome and follows up with the employee. Holdings reports, quarterly transaction reports and annual certifications are collected and tracked in the same place, ready for examiners.

What it is for

Code of Ethics programs are often run from broker statements arriving by mail or email, a pre-clearance inbox, a restricted list kept in a spreadsheet and reminders sent by hand. Matching an employee's trade to the firm's own orders or to a name on the watch list is slow, so reviews are sampled or late. When an examiner asks how a suspicious personal trade was found and what was done about it, the evidence is in several places.

• Broker statements arrive in different formats and are reviewed by hand
• Pre-clearance requests and approvals live in email
• Personal trades are not compared systematically with client and firm orders
• Certifications, holdings reports and exceptions are hard to evidence at exam time

Who uses it

• Chief compliance officers at investment advisers, broker-dealers and fund complexes
• Compliance analysts who review personal trading day to day
• Control room and research staff who maintain restricted and watch lists
• Employees designated as access persons who must pre-clear and report their trades
• Internal audit and examiners, who need evidence of every review

Before you start

• Your organization licenses Trade Surveillance & Market Abuse Monitor from Moraph.
• A Moraph client account in that organization, signed in.
• Access to Trade Surveillance & Market Abuse Monitor in Moraph Apps, given by an administrator in the Moraph Portal under People and access.
• For setup: the product administrator role.

Steps to get started

1. Sign in at app.moraph.com with your Moraph account.

2. Open Trade Surveillance & Market Abuse Monitor from the launcher. The first time anyone opens it, its workspace is created from the default described in Workspace reference.

3. Check your role: what you can see and do depends on it. See Roles and permissions.

4. Product administrators: work through Set up Trade Surveillance & Market Abuse Monitor before your team starts.

5. Everyone else: start with Everyday tasks.

Where to go next

• Set up Trade Surveillance & Market Abuse Monitor
• Everyday tasks
• Connect your systems
• Security, data and compliance
• Troubleshooting and the support guide
• Product overview on moraph.com