Complex sentence: The company emerged from the research labs at the University of Sydney in 1994, where the first version of SMARTS was built to monitor trading activity in real-time and was targeted at mining data to systematically identify normal and abnormal trading behavior.
Split into simpler sentences: The company emerged from the research labs at the University of Sydney in 1994. The first version of SMARTS was built to monitor trading activity in real-time and was targeted at mining data to systematically identify normal and abnormal trading behavior.