The backers of the big data consolidated audit trail (CAT) have selected the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization (SRO), to be the next plan processor for the CAT system, replacing Thesys Technologies, which was acting as Thesys CAT. Late last month, news broke that Thesys CAT was being phased out of the plan… Read More >>
Thesys Out as Plan Processor for CAT Project
The ambitious consolidated audit trail (CAT) industry project has suddenly moved into a new chapter with the revelation late last week that Thesys Technologies, acting as Thesys CAT, will be phased out as the plan processor for the SEC-mandated big data initiative. A transition is underway to designate a new plan processor to collect every… Read More >>
Indus Valley Partners Targets CAT Regulatory Reporting
Financial technology vendor Indus Valley Partners (IVP) has launched a module for its IVP Raptor regulatory reporting platform that targets buy-side firms required to comply with FINRA’s Consolidated Audit Trail (CAT) initiative to collect every order, cancellation, modification and trade execution for all exchange-listed equities and options transacted via U.S. financial markets. The SEC-approved CAT… Read More >>
