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CFTC Approvals Raise Number of SEFs to 21

June 1, 2016 by Eugene Grygo

CFTC Finalizes Registration for GTX, Tera and FTSEF The CFTC has given its stamp of approval to three swap execution facilities (SEFs): the GTX SEF (GTX) of Bedminster, N.J.; TeraExchange, (Tera) of Summit, N.J.; and FTSEF (FTSEF) of Great Neck, N.Y., bringing the number of fully CFTC-registered SEFs to 21. The regulatory action finalizes approval… Read More >>

Filed Under: Securities Operations, Buy-Side, Industry News, Outsourcing, Reconciliation & Exceptions, General Interest, FinTech Trends, Back-Office, Industry News Tagged With: CFTC, Etrading Software, Fidessa, FIX network, FTSEF, GTX SEF, Neptune, post trade reconcilliations, Reconciliations, SEFs, Sparbanken Syd, swap execution facilities, TeraExchange, Tieto, Watson Wheatley

SmartStream’s New Offering Targets High-Risk Manual Recs

June 1, 2016 by Eugene Grygo

SmartStream Technologies is taking on manual reconciliation at small-to-medium-sized firms with a new solution, TLM SmartRecs OnDemand, intended to help them avoid the pitfalls of reconciliation based only on spreadsheets, officials say. “Manual reconciliation of spreadsheets necessitates a number of high-risk steps,” says Robin Hasson, product manager for SmartStream, in response to questions from FTF… Read More >>

Filed Under: Securities Operations, Industry News, Ops Automation, Reconciliation & Exceptions, General Interest, FinTech Trends, Back-Office, Industry News Tagged With: Darryl Twiggs, Excel, manual reconciliations, post trade reconcilliations, Robin Hasson, SmartLabs, SmartStream, software-as-a-service (SaaS), spreadsheets, TLM SmartRecs OnDemand

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