Sebi intends to increase monitoring of social media and other platforms by developing a web intelligence tool that will employ artificial intelligence and data analytics to investigate breaches of various securities regulations by people, groups, and other entities. Manually extracting and analysing vast volumes of unstructured publically available data to produce meaningful insights is typically time consuming, difficult, and ineffective. Using its AI and data analytics skills, the technology should allow investigators to easily analyse huge volumes of complicated unstructured data. The visualisation should be interactive and allow users to interact with the data as needed. Recently, Sebi discovered a substantial number of insider trading and front-running instances in which’mule accounts’ were exploited with the use of cutting-edge technology tools.

Source: Economic Times September 21, 2022 02:08 UTC