Fixnetix Buys MST for Next-Gen Platform

The deal, which closed last week for an undisclosed amount in cash and shares, will see MST renamed as Fixnetix Inc., with its five staff taking on key roles within Fixnetix's development organization. MST founder and president Jack Swan becomes vice president of software development, while co-founder Trevor Miller retains a chief architect-style role in the new group.

The two vendors have already been working together for around 18 months, after Fixnetix enlisted MST to re-architect some

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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