UI widget advice

I would like to create either a UI widget or tab with status output from a file that contains the information.  The file is in source control and contains text or regular expressions of some status.
When the status is changed, an external process checks out the file, modifies it, and checks it back in.  I want to monitor these status and report them on certain TC project pages.
So my question is what is the best approach to take?

  1. Use a TC job to monitor the file for changes and trigger some parsing logic to generate static HTML.  Use the HTML as a UI extension in another page
  2. Develop a Plugin or extension to do the same.
  3. Other?

thanks for the advice.

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