April 02, 2012

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.

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