SFTI Net Expands to Boston, Chicago

BUSINESS CONTINUITY AND RECOVERY

NEW YORK--The Secure Financial Transactions Infrastructure (SFTI) has gained ground over the past few months, with 30 firms now signed up and performing live tests, with 190 in the queue, says Andy Bach, vice president of communications engineering at the Securities Industry Automation Corp. (SIAC), the systems operator for the US exchanges.

Meanwhile, SFTI has now been extended to Boston and Chicago, Bach says. "Customers have expressed interest in being signed up in those cities," Bach says.

SI

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