Thesys Selected by SROs to Build Massive Audit Trail

Vendor selected from 31 bidders to build, implement and maintain the Consolidated Audit Trail.

Mike Beller, managing partner at Thesys and CEO of Tradeworx

"After careful consideration following a thorough request for proposal (RFP) process, a majority of the SROs have selected Thesys to deliver a solution for the CAT, and we're confident in Thesys' management, technology and resources to implement this important regulatory initiative," said the operating committee of CAT LLC, the company comprised of SROs created to manage the CAT, in a statement.

The decision is pending the execution of a Plan Processor Agreement between Thesys and CAT LLC.


To continue reading...