This Week: Goldman Sachs/DTCC; LSEG/Tradefeedr; Genesis; TT/Ateo; CJC & more
A summary of some of the latest financial technology news.
Goldman Sachs slashes settlement fails with DTCC’s M2i tool
Goldman Sachs has reduced the amount of failed US trade settlements by 64% and reduced same-day affirmation exceptions by 38% as a result of using the Depository Trust and Clearing Corporation’s CTM (Central Trade Matching) Match to Instruct (M2i) workflow.
The figures were achieved during the fourth quarter of last year for trades affirmed and matched with counterparties also using CTM M2i and also included achieving a same-day
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