SIAC Garners More Than 600 SFTI Users
RECOVERY AND CONTINUITY
NEW YORK—Securities Industry Aut omation Company (SIAC) officials announced last week that they have reached a milestone—more than 600 firms use its fiber-optic-based Secure Financial Transactions Infrastructure (SFTI) network.
The news came at press conference with representatives from the U.S. Treasury Department, the New York Stock Exchange (NYSE), the American Stock Exchange (Amex), Consolidated Edison, the Securities Industry Association (SIA) and The Bond Market Association (TBMA).
"In a
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