Indicative FSP

Feasibility Study of the Need of Trading and Anti-Money Laudering Surveillance Systems

This field study project examines the Greek and international legislation and regulatory requirements concerning money laundering and abnormal trading transactions related to the financial industry and concentrating especially in the banking industry which is under the supervision of the Bank of Greece.
The methodology approaches the existing surveillance systems for tracing and limiting illegal financial transactions affecting the financial community world-wide (money laundering, the financial recourses fuelling terrorist activities, illegal trading activities) as a strategic necessity.
A statistical model was developed for monitoring and detecting the abnormal behaviour of a single trader based on insider information and market manipulation trails in order to simulate a surveillance software system with the support of effective statistical tools in a comprehensive way. Emphasis is given on the optimal services provided to the compliance staff of financial institutions and the independent investigators in their task.

Current Distinctions & Awards