Consolidated Audit Trail (CAT)
Ahead of Test, CAT Faces Hurdles with Reporter Agreement
Sources say broker-dealers have not yet signed an agreement allowing them access to the test environment.
Exegy Gets Expanded CAT Role Under Finra
The vendor will be providing more data capture and processing services for the CAT than when originally selected as part of Thesys Technologies' failed CAT offering.
SEC Taps MayStreet to Replace Thesys as Midas Operator
MayStreet has taken over the role of market data provider to the SEC's Midas data consolidationand market analysis platform.
Itiviti to Expand Regulatory Coverage, Starting with the CAT
The Swedish company is working with a third-party to build the solution, which will launch in Q4.
Microsoft Trials CAT Offering with Broker-Dealers
The technology giant is carrying out pilots on an Azure-based service for the SEC's CAT that will be ready for use within six weeks.
Finra CAT Taps CenturyLink for Private-Link Reporting
Industry members are also being asked to focus on large-volume trades for December’s deadline.
SEC Looks to Penalize Further CAT Delays
While still not a formal approval of new timelines, industry members should expect CAT deadlines to remain unchanged.
Wavelength Podcast Ep. 170: A European Consolidated Tape
Josephine Gallagher and Anthony Malakian discuss the merits of a European consolidated tape and how it relates to the CAT.
Finra CAT Lays Out Security Plans
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
Bloomberg Expands Regulatory Reporting Suite with RegTek Buy
Bloomberg hopes to offer wider reporting services for regulatory schemes across the globe.
Finra to Expand Use of Machine Learning for Market Surveillance
The regulator already uses machine learning to identify spoofing and layering activities.
CAT Rollout Moves Forward Following Processor Change
Finra and the SEC are working on identifiers that mask personally identifiable information.
Wavelength Podcast Episode 158: Giancarlo’s Swan Song; Crypto Madness; DTCC/ASX Blockchains
A discussion about blockchain projects in the capital markets, the crypto space and further delays for the CAT.
CAT NMS Committee Proposes Five-Month Delay to Broker Reporting
Under new plan, industry participants will begin reporting equities in April, with testing to commence in December.
Wavelength Podcast Episode 157: FIA Boca Preview & Other News
A look at what's to come at FIA Boca; Finra was named the CAT plan processor; a Waters magazine relaunch.
Get the Pitchforks
While no one involved in the building of the stalled Consolidated Audit Trail is free from blame, Anthony says there are reasons to believe the CAT won’t ever materialize, regardless of the plan processor.
Wavelength Podcast Episode 155: Martin Boyd of FIS; A Look at the CAT
First, some pointed comments about the Consolidated Audit Trail and then Martin Boyd discusses the fintech market.
CAT's Future Still Cloudy as NMS Committee Declines to Name New Processor
Technical specifications will remain the same even as the committee works on finding a new database operator.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
CAT Delayed Further as Thesys Ousted, Finra Tipped as Successor
US Consolidated Audit Trail consortium fires database processor in shock move.
SEC Taps FIF Vet Kimmel to Oversee CAT Implementation
After a decade leading data industry association the Financial Information Forum, Kimmel is well-versed in directing industry-wide initiatives.
Of Mergers and Men: The Top Stories in the US in 2018
The consolidation of the OMS market was one of the biggest stories this year as deals were made right after the other.
CAT Roll-Out Smooth, but System Still Needs Work
There were no major hiccups when the CAT was rolled-out to SROs on November 15 but it is still not ready for full industry implementation.