Consolidated Audit Trail (CAT)
After Delays, CAT Reporting Begins Tomorrow
The Consolidated Audit Trail will begin receiving reports on November 15, a year after it was supposed to start.
CAT Selects Exegy for Timestamp Data
Exegy will provide timestamp information on trades during the day for the ambitious project.
Waters 25: A Look Back on the Last Two Decades
Waters examines some of the most important events in financial technology of the past 25 years.
SEC Still Reviewing CAT Deadlines
The Commission says it is open to providing leeway to broker-dealers if the CAT cannot accept some trade data.
Wavelength Podcast Episode 128: Agile Challenges; CAT Plan Questions
Eze Software’s Phil Christianson gives five tips for improving a firm’s use of the Agile methodology, and Anthony and James look at the latest CAT development.
CAT Contract May Need Amendments to Protect Personal Data
If a House bill seeking to ban the gathering of PII data passes, plan processor says it will wait for guidance from the NMS committee.
J&J Taps Deutsche Exec for Compliance Consulting
Montagnino has held a range of compliance and surveillance-related roles at banks and trading firms.
Getting Ready for CAT
While the consolidated audit trail (CAT) may have missed its initial November go-live date, the project is far from over. Broker-dealers will still need to report to the system when compliance deadlines are finalized, and it may be wise to begin…
Mapping Data a Worthwhile Project While the CAT Lies in Wait
Broker-dealers should look into gathering data that may be reported into the CAT even before the system goes live for its own internal purposes, experts say.
CAT 'Tsar' May be Required to Break Gridlock
Experts say the structure of the decision-making process hinders its speed.
Wavelength Podcast Episode 118: CAT ‘State of the Union’, RTS 27 & 28 Concerns, The ‘Big Tech’ Dilemma
Anthony and James discuss some of the big stories to come out of TradeTech Europe and then three legal experts look at how the SEC has been quiet about the CAT.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
Thesys CAT Appoints Information Security Chief
Vas Rajan will be responsible for validating security measures for the CAT in a vital phase of the system's roll-out.
CAT Got Your Tongue?: An Inside Look at the Consolidated Audit Trail's Sluggish Rollout
When the Consolidated Audit Trail failed to go live in November last year, questions came as to why—but answers were not easy to come by.
Industry Fears Neutered CAT in 2018
The SEC’s Consolidated Audit Trail (CAT) of US equities trade data hit a fresh snag in late 2017, missing a major deadline for reporting, blaming insufficient cyber defenses. As it marches into another crucial year, Tim Bourgaize Murray reports on the…
Tradeworx Sells Trading Arm to Focus on Fintech
The company renamed itself Thesys Group and will focus on growing Thesys Technologies.
January 2018: Getting Your Bitcoin’s Worth
Financial firms spent a lot of last year focused on Mifid II compliance, but also clearly spent significant time following the ups and downs of cryptocurrencies - and assessing whether to invest in this new asset class.
AFTAs 2017: Most Innovative Third-Party Technology Vendor—Infrastructure—UnaVista
UnaVista, the London Stock Exchange Group’s (LSEG’s) platform for matching, reconciliation and reporting, makes its debut at the AFTAs as winner of the most innovative third-party technology vendor (infrastructure) category, at a time when industry focus…
Waters Wavelength Podcast Episode 101: The Top 10 Stories of 2017
Anthony, James and Emilia discuss the 10 biggest trends that unfolded in 2017.
Sifma Adds Voice to CAT Personal Information Row
Lobby group is looking at other types of data that it can suggest to the SEC for use in the CAT.
Thesys CAT Appoints President and CTO
The Consolidated Audit Trail provider created the role of president to better oversee development of the CAT.
House Prepares Bill Delaying CAT amid Ongoing Difficulties
Thesys, in a hearing at a Congressional committee, also said it has lined up over 20 candidates for a chief information security officer post.
Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.
Industry Tight-Lipped on CAT Status as Deadline Hits
Participants refuse to say whether reporting will begin as scheduled after a last-ditch delay effort was rejected by the SEC.