BRIEF OBJECTS

BRIEF OBJECTS

GSTPA SELECTS FINAL FOUR FOR TFM DEAL

The Global Straight Through Processing Alliance (GSTPA) has named the four finalists, each a consortium of companies, that will vie for the contract to build a Transaction Flow Manager (TFM). The GSTPA hopes the TFM will set an industrywide standard for seamless, end-to-end trading, from transaction to settlement. The race has been narrowed to include: CSC with Sun Microsystems, DST Systems and British Telecom's Syntegra unit; IBM working alongside Reuters

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Pushing the boundaries of TCA

S&P Global Market Intelligence finished runner-up in the perennially competitive TCA system provider category of the Waters Rankings 2024. Michael Richter, global head of trading analytics, discusses the TCA challenges facing the firm’s buy- and sell…

DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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