The SEC’s Rule 613, which created the Consolidated Audit Trail (CAT), is estimated to be the world’s biggest data repository for options and equity trade related data, collecting thousands of terabytes of data a year from U.S. self-regulatory Organizations (SROs)s and Broker Dealers. 

One question that has been raised is whether any existing reporting systems will be eliminated once the CAT is operational?

I tweeted this the other day, and it got a lot of likes, so I thought I’d make it today’s blog title.  We seem to have lost a lot of buzz on blockchain this year, even thought it’s still buzzing away as much as ever before.  I recently was talking about how blockchain is great for IslamTech, as Islamic financial instruments have different degrees of compliance with Sharia Law, dependent upon the Imams who authorise the product.  In some countries, their interpretations of usury and leverage are different to others, and a shared ledger would be a great way of bringing transparency to the are

Today Compuware Corporation announced the availability of Application Audit, an innovative cybersecurity and compliance solution that dramatically enhances the ability of enterprises to stop insider threats by fully capturing and analyzing start-to-finish mainframe application user behavior. 

Financial IT catches up with Myles Dawson, UK Country Manager of Adyen to talk about industry trends, the mission of Adyen and the changes brought by it.  

Financial IT: To start, we would like to hear about your background and Adyen. What was your journey like to get where you are?

Today Trading Technologies International, Inc. (TT) reported that its TT futures trading platform now has execution and connectivity services through Interxion’s London data center. This move strengthens TT’s presence in Europe, improving the platform’s accessibility and providing users with regional resiliency and enhanced performance.

WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it will begin issuing virtual credit cards in Singapore, expanding its program in the Asian region that currently includes Hong Kong and Thailand.

Today Euronext, the advanced pan-European exchange in the Eurozone, announces it has signed an agreement with ICE Clear Netherlands, a subsidiary of Intercontinental Exchange for the provision of clearing services for its financial derivatives and commodities markets. Under its “Agility for Growth” strategy, Euronext has deployed significant effort to establish clearing optionality for its clients, including acquiring a 20% stake in EuroCCP and subsequently launching the preferred clearing model for cash equities.

Opus,Compliance and Risk Management SaaS technology leader, announced today the launch of Alacra Compliance Professional (ACP), the new plug-and-play KYC (Know Your Customer) compliance solution. ACP is an entry-level, preconfigured version of ACE (Alacra Compliance Enterprise), the leading SaaS KYC workflow solution.

Growth Street, the SME finance platform, announces that founder Greg Carter has replaced James Sherwin-Smith as Chief Executive Officer. 2016 was a stellar year for Growth Street, which saw it reach a number of important milestones, including gaining Appointed Representative status, welcoming over 500 investors to its marketplace following a successful launch in November, and building on its significant business borrower growth. The company has now matched over £54m on its innovative lending exchange to date.