LogicScope, CB.Net Form Partnership for SSI Service
VENDOR UPDATE
LONDON--Market data messaging software vendor LogicScope and CB.Net, a provider of reference data, have partnered to form a new joint-venture company, SSI Financial, which will provide automated real-time updates of Standard Settlement Instructions (SSI) for treasury post-trade messages.
The venture aims to address the need for accurate reference data to reduce the number of failed trades in the back-office as a result of inaccurate settlement instructions, say LogicScope managing director (MD)
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