This Week: SEC, SS&C, TRG Screen, Refinitiv, Rimes

A summary of some of the past week’s financial technology news.

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SEC Extends Rule Comment Periods, Citing Covid-19

US regulator the Securities and Exchange Commission has granted a one-month extension for financial markets participants to submit comment on any pending rule changes, where comment periods were set to expire in March, including plans for a new model for the consolidated tapes of US equities data. The Commission acknowledged that operational changes implemented across the industry in response to the spread of the Covid-19 disease may result in

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The AI boom proves a boon for chief data officers

Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.

If M&A picks up, who’s on the auction block?

Waters Wrap: With projections that mergers and acquisitions are geared to pick back up in 2025, Anthony reads the tea leaves of 25 of this year’s deals to predict which vendors might be most valuable.

Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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