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SunGard Platform Helps Firms Detect Insider Trading

The update to the Protegent PTA platform comes as regulatory bodies in the U.S. and abroad step up their efforts to root out illegal insider trading.

SunGard announced an upgrade to an existing platform it says will help firms better monitor insider trading activity by its employees, and to navigate the new regulatory and compliance standards in markets around the world.

Check Out Advanced Trading's Gallery of the Most Notorious Insider Trading Cases of the last year.

The firm said the latest update to the Protegent Personal Trading Assistant program tracks trading activity by employees against market events like news, corporate actions or fluctuations in a stock's price or volume. It also provides alerts to detect information leaks across an organization's departments or geographic locations.

"Protegent PTA helps customers detect suspicious trading activity, including insider trading, through a single solution for multiple regulations and jurisdictions," SunGard Chief Operating Officer Steve Sabin said in a statement. As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio

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