The SEC has released a no-action letter, delaying deadlines for the Consolidated Audit Trail until at least mid-May.
A summary of the past week's financial technology news.
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
Robert Jackson dissented from a new proposed order to modernize exchange data.
Sources say broker-dealers have not yet signed an agreement allowing them access to the test environment.
The vendor will be providing more data capture and processing services for the CAT than when originally selected as part of Thesys Technologies' failed CAT offering.
MayStreet has taken over the role of market data provider to the SEC's Midas data consolidationand market analysis platform.
The Swedish company is working with a third-party to build the solution, which will launch in Q4.
The technology giant is carrying out pilots on an Azure-based service for the SEC's CAT that will be ready for use within six weeks.
Industry members are also being asked to focus on large-volume trades for December’s deadline.
While still not a formal approval of new timelines, industry members should expect CAT deadlines to remain unchanged.
Josephine Gallagher and Anthony Malakian discuss the merits of a European consolidated tape and how it relates to the CAT.
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
Bloomberg hopes to offer wider reporting services for regulatory schemes across the globe.
The regulator already uses machine learning to identify spoofing and layering activities.
Finra and the SEC are working on identifiers that mask personally identifiable information.
A discussion about blockchain projects in the capital markets, the crypto space and further delays for the CAT.
Under new plan, industry participants will begin reporting equities in April, with testing to commence in December.
A look at what's to come at FIA Boca; Finra was named the CAT plan processor; a Waters magazine relaunch.
While no one involved in the building of the stalled Consolidated Audit Trail is free from blame, Anthony says there are reasons to believe the CAT won’t ever materialize, regardless of the plan processor.
First, some pointed comments about the Consolidated Audit Trail and then Martin Boyd discusses the fintech market.
Technical specifications will remain the same even as the committee works on finding a new database operator.