Aquis Exchange PLC and the University of Derby are to begin a research and development project based around machine learning and artificial intelligence, with the aim of enhancing the monitoring trading behaviour and identifying breaches in financial markets.

The University will recruit recent graduates with the skills required by Aquis to undertake the project, and the partnership is backed by a government grant delivered by Innovate UK.

Alasdair Haynes, CEO of Aquis Exchange, said: "We are very excited to be working with the University of Derby to develop further our ML and AI capabilities for surveillance. We firmly believe that this is where the future of surveillance lies and our philosophy at Aquis is to be always at the cutting edge of innovation."

Jackie Edwards, Knowledge Exchange Manager at the University of Derby, said: "We are delighted to have secured this partnership with Aquis Exchange, and to be supporting the company's objective of establishing itself as one of the leading suppliers of market trading surveillance. Whether it is developing new products or improving management practices, our task is to identify and recruit graduates with the skills and knowledge to make a real difference to the employers they will work for. As well as bringing that expertise with them, it is also crucial that they embed that knowledge within the organisation they are working with…"