This report documents the findings of 1LoD's experience over 4 years of conversations with surveillance leaders across the industry, consultation with the Surveillance Leaders' Network and a survey of 40 banks.

 
Key takeaways include:

1. The influence of the regulator on how surveillance teams are organized, the technology they use and their main focus is more pervasive than ever

2. Mid-tier banks can no longer get away with minimalist surveillance

3. Technology is now starting to transform the surveillance function