Überhöhte Überwachungskosten durch manuelle Marktüberwachung

Definition

ASIC’s supervision of markets relies on a ‘significant volume of data’ and ‘specialist technologies’ to detect, understand and respond to activities in dynamic financial markets.[2] Market participants are expected to maintain proportionate monitoring, including real‑time surveillance software where trading volumes are too large to monitor manually, and to investigate and escalate alerts, file suspicious activity reports, and report breaches under the Market Integrity Rules.[1][3] ASIC also recovers its supervision costs from industry through annual invoices, so inefficient internal processes directly increase the total cost burden.[2] Where firms still rely heavily on manual checks, fragmented systems, and ad‑hoc analysis, staff must repeatedly extract, reconcile, and review large data sets to respond to ASIC queries and support internal investigations. For a mid‑size participant with a surveillance team of 5–10 FTEs, this typically represents 10,000–20,000 hours per year at average fully‑loaded costs of ~AUD 120–150 per hour (LOGIC based on Australian financial services salary benchmarks), equating to $1.2m–$3m annually in surveillance operating expense, a substantial portion of which is avoidable with modern automation.

Why This Matters

The Pitch: Australian 🇦🇺 brokers and commodity exchanges spend tens of thousands of labour hours each year manually sifting through surveillance alerts to satisfy ASIC expectations. Automating data ingestion, scenario detection, and case management can cut surveillance operating costs by 30–50%.

Affected Stakeholders

Chief Operating Officer, Head of Compliance, Surveillance Team Leads, Chief Financial Officer, Head of Technology / CTO, Risk & Audit Committees

Related Business Risks