Sensorizing Compliance in Real Time
Very interesting piece. This idea of using sensors to track the behavior of traders after a suspicious transaction occurs either before or after hours is already happening. The data is already available. With cell phones and security cards, firms can match up the whereabouts of personnel with the timing of trades. Sensor data opens up a new frontier for trading forensics and compliance. The challenge is storing all of this data so that it can be retrieved on-demand.