SEBI Preparing To Increase Surveillance On Social Media With Other Platforms

SEBI is preparing to increase surveillance on social media and other platforms through web intelligence using artificial intelligence

In a public notice issued on Monday, SEBI has invited Expression of Interest (EOI) from solution providers for implementation and roll-out and maintenance of web intelligence.

The Securities and Exchange Board of India (SEBI) is preparing to increase surveillance on social media and other platforms through web intelligence using artificial intelligence (AI). The main objective of SEBI is to promote monitoring of social media and other platforms through web intelligence tools to check violations of different security laws by individuals, groups and other platforms.

The market regulator said that the use of internet has increased rapidly in the last few years. Due to this, there has been a huge increase in the disorganised or scattered data publicly available on the Internet. Unorganised data includes video and audio files, social media posts. SEBI said that this undisclosed data has the potential to provide information relevant to in-depth investigations about individual entities, individuals, groups and subjects relating to violation of various securities laws.

According to the information, SEBI is looking for such web intelligence tools that will enable AI to extract and analyse publicly available disorganised data to obtain in-depth intelligence about individual entities, individuals, groups and subjects based solutions. This new tool is expected to save time, simplify the analysis process and improve the efficiency of the overall testing process.