True Office, the company that gamifies regulatory and compliance training, has launched an anti-tqygx33nfse2wk3z15vdinsider trading game. The game, which uses the scenario of a fictional investment bank (RXG Capital) accused of insider trading, is intended to help companies more accurately identify and manage risk through reality-based, experiential learning.

The company, which was a participant in the New York FinTech Innovation Lab, has signed a deal with Thomson Reuters for product development and distribution partnership and attracted Cristóbal Conde, former head of SunGard to serve as executive chairman.

“Despite investing vast amounts of time and money, the news headlines over the last few weeks are once again demonstrating that most traditional approaches to compliance training can be gamed in the worse sense of the word”, said Adam Sodowick, founder and CEO of True Office. “Applying gamification techniques to compliance training not only creates a significantly more meaningful learning experience, it also produces powerful data to help raise red flags around questionable grey areas in a safe environment. Unless policy translates into true meaning, companies will continue to open to huge regulatory fines and public discredit.”

The storyline of the anti-insider trading game explores whether sensitive information about an obesity drug in development by Litzer Pharmaceuticals was shared by a fictional employee of the organization with RXG Capital. The player is tasked with investigating locations, analyzing items and interviewing key employees to determine whether certain actions constituted insider trading. The goal is to determine if RXG Capital was guilty of shorting Litzer shares before the information became public.

The Feds accused SAC of dumping millions of shares of Elan and Wyeth stock and then shorted it as well after learning from a doctor that the companies were having trouble with an Ahlzeimer’s drug.

That was back in February

Fortunately for trainees, the True Office game moves faster than federal prosecutors.

The 15 minute mobile and desktop game is played out over multiple locations in New York City — no mention of Connecticut — and provides participants with an immersive and interactive way to learn about the rules and regulations surrounding insider trading while producing actionable data, i.e. trainee grades, for companies.

True Office games were first piloted in Barclays ,Morgan Stanley and Citigroup as part of the 2012 FinTech Innovation Lab program which is run by the Partnership for New York City Fund and Accenture. The games are now being developed and rolled out across the US and UK, primarily for financial institutions and other companies that work within complex regulatory environments.