Former Pershing Managing Director Joins Oyster Consulting

Financial Services consulting firm expands strategic consulting talent   Oyster welcomes Jim Roth to the firm as a Managing Director of our Strategic Planning and Execution team. With over 30 years of experience in the financial services industry, Jim’s extensive knowledge of the clearing and custody space, as well as his ability to provide customized… READ MORE

CAT Goes Live – Where Are We Now?

Oyster Consulting attended a webinar on June 6, 2020 hosted by SIFMA entitled “CAT Goes Live,” which included industry panelists from the SEC, FINRA CAT LLC, clearing firms and broker-dealers. This diverse panel conducted significant discussions about the impending compliance dates for Phase 2a and 2b for Consolidated Audit Trail (CAT) reporting.  Most industry members… READ MORE

New Podcast: Resolving Operational Issues Uncovered During Acquisitions and Transformations

Trying to resolve issues and improve operational efficiency by aligning people and technology can lead to unexpected problems and mixed results. Whether your firm leadership wants to evaluate how the firm is running, the firm has recently undergone a merger or acquisition or is experiencing errors, losses or attrition, an Operational Assessment can increase efficiency, save your… READ MORE

SIFMA Operations Conference & Exhibition

  Visit Oyster Consulting at Booth 203 or connect with our attendees at  SIFMA’s 47th annual Operations Conference & Exhibition.  This conference gathers operations, technology and regulatory leaders from across the securities industry for three days of discussions, addressing the industry’s most critical priorities. Whether you are considering exploring your clearing options, changing from self-clearing to fully-disclosed (or vice-versa), starting… READ MORE

New Podcast: Why Outsourcing Your Clearing Platform Assessment, Selection and Implementation Processes Makes Sense

Whether you are considering exploring your clearing options, changing from self-clearing to fully-disclosed (or vice-versa) or starting a broker-dealer, Oyster will help you make the best decisions with an assessment of your business, analysis to help drive decisions, and even walk you step-by-step through a vendor selection and conversion processes. In this week’s episode of… READ MORE

New CAT FAQs and Reporting Scenarios

On October 8, 2019, Consolidated Audit Trail, LLC and FINRA CAT, LLC added three new Frequently Asked Questions (FAQ’s) to the master FAQ list on the catnmsplan website. FAQ D26 details reporting requirements related to Order Receipt reporting obligations.  Specifically, the new FAQ provides guidance and clarity on contingent order handling instruction flags. The second… READ MORE