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British Telecommunications PLC completed its acquisition of Alphameric PLC's FTT Alphameric. The deal included the assets, customer base and technology of the company's trading room software platform Open Trading System.

In pilot since March, Depository Trust Co.'s Participant Terminal System's new due-bill tracking mechanism is now up and running. Called FAIL, the system is designed to automate due-bill settlement for deliver orders that have missed their original settlement dates.

After a

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M&As, MCPs and why clean data is essential

The Waters Wrap: Financial firms are racing to adopt AI—but the payoff depends on having the right foundations, particularly clean, normalized data, writes Wei‑Shen.

How governance-first architecture stabilizes complex systems

Chetan Patil argues that many transformation projects fail not because of the technology but because of weak data governance. Adopting a governance-first discipline early (and building speed, resiliency, and credibility over time) is best.

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