Event monitoring framework for Regulatory Compliance
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© 2020 by IJCTT Journal
Volume-68 Issue-5
Year of Publication : 2020
Authors : Chezhian Elamvazhudi
DOI :  10.14445/22312803/IJCTT-V68I5P110

How to Cite?

Chezhian Elamvazhudi, "Event monitoring framework for Regulatory Compliance," International Journal of Computer Trends and Technology, vol. 68, no. 5, pp. 45-47, 2020. Crossref, https://doi.org/10.14445/22312803/IJCTT-V68I5P110

Abstract
The event monitoring framework advocates creation of a central high thru-put data pipeline, on which a rule-based monitor would scan for potential events needing a compliance response. The rule-based monitor would be built on a constantly evolving repository of vocabulary. The vocabulary would be built for each industry self-tailored to the respective industries attributes and relationships. A rule-based monitor would channel these messages into subsequent child pipelines on which specific application could be built to fulfil the regulatory need.

By constantly refining the vocabulary of entities in that industry with a staunch focus on compliance attributes a powerful/flexible rule engine could be built to operate on the incoming events.

Reference
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Keywords
Framework, Event Scanner, Regulatory Compliance.