The U.S. Securities and Exchange Commission (SEC) is expanding an effort that allows its staff to search massive amounts of data for signs of insider trading and other securities violations, a person familiar with the matter said.
The SEC is awarding a five-year, $90 million contract to privately held Palantir Technologies to provide software for the detection program, the person said.
via U.S. securities regulator expands use of powerful software: source – Business Insider
