Advanced, Integrated Surveillance Can Help Banks' Reputations and Profits

Regulatory compliance is expensive, but the cost of compliance-related failure is much, much higher.  In 2012 and 2013, banks paid more than $3.7 billion in fines for attempts to fix the London Interbank Offered Rates (LIBOR), and individual banks have paid multi-million – and multi-billion – dollar fines related to offenses ranging from insider trading to benchmark rates fixing to rogue trading.