SIFMA Operations & Technology

Stay current on the operations and technology developments shaping the capital markets with SIFMA SmartBrief: Ops & Tech Edition. Here are a few of last week’s top headlines: • Tokenization initiatives gain traction in financial markets WatersTechnology https://lnkd.in/eDBs7Cii • Senate faces CLARITY Act time crunch CoinDesk (UK) https://lnkd.in/eFCkSkdn • JPMorgan expands cross-industry alliance on AI risks https://lnkd.in/e2pZfMVk Join thousands of industry professionals who rely on the newsletter to stay informed. Subscribe for free today: https://bit.ly/4zcOVAr

Trust is one of the most valuable assets in financial markets—and it is essential to driving change that leads to positive investor outcomes. In this edition of Heard at Ops, Frank La Salla, President & CEO of The Depository Trust & Clearing Corporation (DTCC), discusses why "trust capital" is critical to enabling commercial growth and market transformation. As the financial services industry continues to evolve, trusted market infrastructures play a vital role in fostering innovation while maintaining the resilience and confidence that the investing public relies on. ▶️ Watch the interview below, then view the full replay of Frank's conference session here: https://bit.ly/3UsGW2c 📖 Go Deeper: Explore additional insights from DTCC: https://bit.ly/3RKseTx #SIFMAOps

Congratulations to SIFMA’s Todd Klessman on joining the Center for Cross-Sector Coordination Advisory Board. Todd brings extensive experience across financial services and government, with a focus on cybersecurity, operational resilience and critical infrastructure security. We’re pleased to see his expertise helping advance collaboration across organizational industry boundaries.

Market structure doesn't evolve in isolation—it depends on coordination across the buy side, sell side, and market infrastructure.     In this edition of Heard at Ops, Frederic Crosnier, Head of Global Operations at J.P. Morgan Asset Management, shares the buy-side perspective on the operational changes reshaping financial markets and why industry collaboration is essential to delivering successful outcomes.    ▶️ Watch the interview below, then view the full replay of Fredric's conference session here: https://bit.ly/4hgiLxy    📖 Go Deeper: Learn how SIFMA's Asset Management Group (AMG) brings together buy-side leaders to advance industry initiatives and address key operational, regulatory, and market structure issues: https://bit.ly/3RJNSXX #SIFMAOps

SIFMA and SIFMA’s Asset Management Group have published new industry documentation to support implementation of the SEC’s U.S. Treasury central clearing mandate. The 2026 SIFMA Master Treasury Securities Clearing Agreement: Done-Away and accompanying Schedule provide a standardized starting point that firms may tailor to their legal, commercial and operational needs. The industry is preparing for two approaching compliance dates: • December 31, 2026, for eligible cash market transactions • June 30, 2027, for eligible repo market transactions SIFMA will also host an industry briefing on August 5, open to SIFMA members and all industry participants, with additional in-person and virtual training sessions to follow. Access the documentation: https://bit.ly/4pRVHaC, read the press release: https://bit.ly/4yNxdmO, and register for the briefing: https://bit.ly/4505YI8

SIFMA’s 2026 Industry-Wide Business Continuity Test will take place on Saturday, October 24. Held annually since 2003, this critical exercise helps financial services firms test their ability to operate through a significant disruption using backup sites, recovery facilities, and alternate communications capabilities. Participation is free, but advance registration is required by Friday, October 16. Learn more and register today to take part: https://bit.ly/44YuWrn

AI and tokenization are reshaping financial services. But what separates firms that are realizing measurable value from those still in the pilot phase?     In this edition of Heard at Ops, Tim Gokey, Chief Executive Officer of Broadridge, discusses how leading firms are turning AI and tokenization into operational advantage by embracing enterprise-wide transformation, modernizing their operating models, and focusing on outcomes that drive long-term business value.     ▶️ Watch the interview below, then view the full replay of Tim's conference session here: https://bit.ly/4x3O3w8     📖 Go Deeper: Explore Broadridge's 2026 Digital Transformation & Next-Gen Technology Study: https://bit.ly/4vWF92u      #SIFMAOps

As the supervisory process becomes increasingly digital, secure information sharing is more important than ever. SIFMA joined a coalition of financial trade associations to publish a new paper outlining risk-based practices for securely sharing sensitive supervisory information during the examination process. Explore the recommendations and learn how they can help reduce cybersecurity risks while supporting effective regulatory oversight: https://bit.ly/3Tzba3a