EPAM (NYSE:EPAM), a leading provider of product development and software engineering solutions, announced today that it was included in the shortlist of companies considered for the implementation of a Consolidated Audit Trail (CAT), a system to be developed in response to SEC Rule 613, adopted in July 2012. One of the biggest undertakings in the securities industry history, the CAT project is set to record 21 petabytes of securities transaction data within the next five years. Second only to the NSA data warehouse in scale, the CAT aims to help provide solutions to avoid events such as the "flash crash" hq Rrs 0776.
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