Decision to be Made on CAT Plan Processor Soon, Sources Say
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
"I expect the decision will be made Friday, but don't know when it will be made public," one source tells WatersTechnology.
Another source says the pick will likely be made on Friday or Tuesday.
Three vendors are vying for the right to run the CAT: FIS, a global provider of banking and payments technologies that acquired SunGard, the original bidder, in November 2015; Thesys Technologies, the vendor arm of high-frequency trading firm Tradeworx; and the Financial Industry Regulatory Authority
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