On February 22, 2014, Assistant Regional Director Erozan Kurtas unveiled the Securities and Exchange Commission’s (SEC) newest Big Data project, the National Exam Analytics Tool (NEAT). Kurtas, who is now the head of Advanced Data Analytics at FINRA, began his speech discussing the tremendous amount of data produced every 60 seconds.
- 11 million instant messages
- 698,445 Google searches
- 168 million+ e-mails
- 1,820 TB of data created
Kurtas was sending a clear message – the world has changed significantly, and the way we approach market regulation must also change.
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