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,
Anthony and James hit on a wide-range of topics, from Brexit in the UK, to the SGX-NSE fight in APAC, to the Supreme Court's decision on cellphone location data in the US.Subscribe to Weekly Wrap emails