Tim Bass
Wed, 02 Jan 2008 23:57:21 +0000
A few days ago in
Visualization*Reloaded*I touched*upon the subject of*heat maps.* In that post the*application context*was monitoring a massively parallel online gaming platform using a combination of event processing technologies by
StreamBase and
SL.
Today, I was reminded of another heat map created by
Progress Apama during a leisurely morning viewing of a
Fox Business New video interview with
John Bates.* This time the context is the detection of patterns of insider trading.**
In this graphic above (click the image*for a larger view) Apama uses a heat map to visualize suspicious trading activity in real time.***
Amazingly, in the Fox Business interview John mentions an interesting statistic.** During certain business situations, like mergers and acquisitions, experts have estimated that up to 30 percent of trading activity can be linked to insider trading.** The event processing goal, of course, is to
detect fraud sooner than later, minimizing fraudulent market transactions and*their influence on the market.
Source...
01-02-2008
