This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more

A summary of the latest financial technology news.

News

EuroCTP selects advisory board chair in bid to prove commitment to consolidated tape creation

EuroCTP, the company set up by 14 European exchanges in a bid to become the provider of the EU consolidated tape (CT) for equities, has announced its incorporation and the appointment of its supervisory board chair, Jorge Yzaguirre Scharfhausen, who is currently the chief executive officer at Bolsas y Mercados Españoles. Spokesperson Niels Tomm says EuroCTP is in the process of hiring a CEO, which it

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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