StarCompliance, Kalshi Launch First Global Prediction-Market Compliance Tool Across 120 Countries
Updated
Updated · PR Newswire · Jun 17
StarCompliance, Kalshi Launch First Global Prediction-Market Compliance Tool Across 120 Countries
3 articles · Updated · PR Newswire · Jun 17
Summary
StarCompliance and Kalshi unveiled what they call the financial industry's first enterprise-grade global system for monitoring employee activity in prediction markets.
The product targets a new compliance gap: firms worry employees could use material non-public information to profit in prediction markets, an area traditional surveillance programs were not built to cover.
The tool extends Star's existing employee-compliance framework to track both off-chain and on-chain activity on Kalshi from one platform, with configurable alerts, case management and monitoring of volume, trading patterns and work-hour activity.
Star, which says its platform is used in 120 countries, and Kalshi said the partnership is meant to help financial firms keep pace as institutional use of prediction markets and related regulatory expectations expand globally.