NEW YORK--The Securities Industry Association has extended the T+1 deadline to June 2005, giving the buy side an opportunity to redouble its straight through processing efforts, says Judy Donahue, chairperson of the asset manager/buy-side subcommittee for T+1 at the SIA.
Firms are facing new difficulties in allocating resources to STP projects. The attacks on the World Trade Center exacerbated a weak economy, and many firms are funneling the remaining budgets toward rebuilding. Additionally,
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