NEW YORK--GSTP has started the second phase of pilot testing--scripted testing--with encouraging results, according to participants.
The objective is for participants to demonstrate that they can interoperate effectively with counterparties via the Transaction Flow Manager (TFM) to match trades and settlement details and internally process such information.
With the aim of executing and matching trades using the TFM, pilot participants follow predefined scripts. The scripts have been prepared
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails