This Week: T+1; FlexTrade/TradeFeedr; SimCorp/Snowflake; and more

A summary of some of the past week's financial technology news.

Sifma, ICI, and DTCC lay out the path to T+1

The Securities Industry and Financial Markets Association (Sifma), the Investment Company Institute (ICI), and the Depository Trust and Clearing Corporation (DTCC) have published a report targeting the first half of 2024 to shorten the US securities settlement cycle from trade date plus two days to trade date plus one day.

The report provides firms with a roadmap for shortening the settlement cycle, reducing risks and costs for the industry while

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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