RBC Clearing and Custody (RBC C&C) and Cowen’s Correspondent Clearing group have signed an agreement to move a subset of Cowen’s clients to the RBC clearing platform, officials say. The Cowen agreement fits in with RBC C&C’s strategy to expand the reach of its clearing platform to broker-dealers with institutional clients, and registered investment advisors… Read More >>
Cowen Uses n-Tier for CAT Reporting System
CAT System Aggregates Internal & External Reports Investment bank Cowen has gone live with a Consolidated Audit Trail (CAT) data aggregation and validation process that uses regulatory reporting vendor n-Tier’s Compliance Workbench to pull together external and internal reports, officials say. The system from n-Tier gathers CAT reports from “external vendors and internal trading systems,”… Read More >>
