Trade Surveillance Systems Spending to Reach $4.9 Billion by 2029

A new study from Juniper Research has found that spending 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 analyze trade data to identify and flag potential instances of market abuse.

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 emphasized the need for accurate and complete data integration; crucial for understanding the context behind trades.

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.

“To capitalize 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,” explained research Author Daniel Bedford.

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 analyzing trade data alone. Surveillance vendors must prioritize fostering partnerships with a wide range of news outlets, trading exchanges, and messaging providers, to boost prevention performance.