Leveraging Big Data in Market Surveillance
A white paper by Scila discusses how to leverage Big Data techniques when analyzing the vast amount of information gathered as a result of new market regulation.Modern market surveillance applications process billions of transactions in real-time every business day. The current trend is that new regulatory and compliance requirements result in market data sets getting larger and an increasing need to process data from longer time periods. In recent years a number of Big Data tools have arisen to handle these massive quantities of data. The tools parallelize large data sets across shared