doi: 10.7763/IJCTE.2012.V4.494
Data Stream Management System and Capital Market Surveillance
Aniruddha Mukherjee
,
Prasun Bhattacharjee ,
Debnath Mukherjee ,
Prateep Misra
- Innovation Labs, Tata Consultancy Services Ltd Bengal Intelligent Park Ltd. Bldg # D, Salt Lake Electronic Complex, Kolkata, India.
Abstract
Importance of real-time data analysis has been felt since early ‘90s and thus processing of streaming data (from either sensor networks or telecom switches or web and other disparate systems) is the demand of the industries worldwide. Quicker detection of fraudulent activities in a financial system is the order of the day. Thus capital market surveillance, if can be performed by using the streaming input of various trading transactions, without being stored, that would be beneficial to the regulatory authorities and stock exchanges. In this paper, we describe how stream processing using a data stream management system (DSMS) can be used for the above task and how effective would be that in terms of performance and latency. We present results obtained from using a commercial event stream processing system (IBM Info Sphere Streams platform) for certain typical fraud detection scenarios.
Keywords
- Capital market surveillance
- data stream management systems
- high performance
- low latency
- stream processing
How to Cite
Aniruddha Mukherjee, Prasun Bhattacharjee, Debnath Mukherjee, and Prateep Misra, "Data Stream Management System and Capital Market Surveillance," International Journal of Computer Theory and Engineering, vol. 4, no. 3, pp. 410-414, 2012. https://doi.org/10.7763/IJCTE.2012.V4.494
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).