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 >>
SmartStream’s New Offering Targets High-Risk Manual Recs
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 >>