Outlier Detection for Trade Surveillance and Compliance

With the huge numbers of trades that are settled daily, how can firms capture unauthorised or abnormal trading patterns? This course examines some machine-learning approaches to the problem


Tech Analysts, S&T Analysts (optionally)

Learning Outcomes

Following the course, participants will be able to:
• Define types of unauthorised/abnormal trade
• Identify such trades in a dataset
• Train a decision tree/random forest to identify them automatically, with a statistically-significant level of success
• Identify the characteristics that describe unauthorised trades, based on the model results

Course Content

• What constitutes an unauthorised trade, or patterns of unauthorised trading? What can trigger unauthorised trading behaviour?
• Case studies
o Take a dataset of trades and enrich to add further possible features (trade frequency, trader exposures, holdings in other underlying’s or securities).
o Run a PCA analysis to extract significant features
o Run a Decision Tree/Random Forest analysis and use to predict possible future occurrences. How do the results of the two methods compare in terms of statistical significance, unauthorised trades captured?


of our clients would recommend Alpha to a colleague or peer


of a cohort was promoted within 2 years after participating in an Alpha course.


of participants felt more confident in their role, following an Alpha commercial leadership course.

Why study with Alpha?

Innovation and creativity born from experience

We are thought leaders in instructional and learning journey design and holistic solution architects. We have extensive finance and investments experience combined with skills application to deliver performance improving results. We develop immersive learning environments that maximize time to productivity, support talent retention and added value to improving quality of hires.

Knowledge Exchange Evangelists

We are focused on mining the embedded organisational intellectual capital for the benefit of the next generation. We create and curate best in class practice gathered from our experience with the leading financial institutions. We design our programmes with the end in mind – what results are you trying to achieve with this intervention? What metrics will we set ourselves to achieve that?

Generation Proof

Quality and innovation, using current market and industry best practices, have made us a trusted partner in delivering dynamic and motivating training for the financial and capital markets. Our programmes are generation proof and responsive to evolving learner needs and styles. Our solutions use a multi-stakeholder engagement strategy that expands beyond relationships between the learner and learning provider. We create connections with managers, peers and the wider business to drive impactful return on investment..

Enquire now

"*" indicates required fields

This form collects your contact information so that we can correspond with you.
Check out our privacy policy for more information about how we protect and manage your data.
This field is for validation purposes and should be left unchanged.
The team are so friendly and pleasant to work with, everyone is very professional and keen to help us. Building a relationship over the past couple of years helps us to feel like the Alpha team are even more able to understand our needs and provide more proactive solutions.
Find out more about our in-house training courses