MAS builds system to identify rogue trading early
(20 March 2019 – Singapore) The Monetary Authority of Singapore (MAS) has developed Project Apollo, an augmented intelligence tool, to better decide how it should prioritise and pursue cases of market manipulation.
Developed in-house and said to be a global first in the securities enforcement world, the tool models rogue trading behaviour using traits identified by human experts.
According to the enforcement report MAS published, Project Apollo also offers analysis and prediction during early stages of investigations and offers an accuracy rate of 98 percent when tested using past cases where investigations had been completed and market manipulation was found to have occurred.
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