Press Release

Media Advisory: ATIS Workshop on Time Sync in Financial Markets

Experts from the fields of finance and telecom will come together Jan. 25 at the New York Stock Exchange to provide expert insight into how best to ensure accurate time for financial transactions.

WASHINGTON — Sept. 22, 2016 —

What: With increased regulatory focus on the issues of secure, precision time synchronization for financial transactions, ATIS holds the first-ever Workshop on Time Sync in Financial Markets to bring together not only finance and trading software specialists, but also telecom experts–the professionals managing time for the entire network–to discuss the leading issues in time transfer today and how to deliver accurate time for financial transactions. Beyond the regulatory imperative, the Workshop will show how precision timing can be used to enhance financial institutions’ operational excellence.

When and Where: Wednesday, Jan. 25, 2017. New York Stock Exchange, New York, NY.

Background: In today’s market, successful trading means having a sense of time that goes beyond the basics of day/date/time to encompass an understanding of the latest evolving time synchronization and technology alternatives. How is time delivered over the network? How can it be traced back to a trusted source that confirms transaction timing down to the microsecond?

The Workshop on Time Sync in Financial Markets helps to answer these questions delivering high-level insight on how time transfer actually works and how time gets to the user; issues surrounding secure timing and available alternatives; as well as the European Union’s MiFID II (Markets in Financial Instruments Directive) and the how it may affect precision time stamping in the U.S. You will hear from experts developing the latest timing and sync technologies, the National Institute of Standards and Technology, IEEE, the U.S. Securities and Exchange Commission and more.

Highlights:

  • Morning Keynote by Bob Kolasky, Deputy Assistant Secretary, Office of Infrastructure Protection, Department of Homeland Security
  • Closing Keynote by Austin Gerig, Assistant Director – Office of Research and Data Services, Division of Economic and Risk Analysis, U.S. Securities and Exchange Commission: “Speed and Latency in U.S. Equity Markets”
Marcella Wolfe, Manager – Public Relations and Marketing Communications, ATIS

About ATIS

As a leading technology and solutions development organization, the Alliance for Telecommunications Industry Solutions (ATIS) brings together the top global ICT companies to advance the industry's business priorities. Our Next G Alliance is building the foundation for North American leadership in 6G and beyond. ATIS' 165 member companies are also currently working to address 5G, illegal robocall mitigation, quantum computing, artificial intelligence-enabled networks, identity and privacy, distributed ledger/blockchain technology, cybersecurity, IoT, emergency services, quality of service, billing support, operations and much more. These priorities follow a fast-track development lifecycle from design and innovation through standards, specifications, requirements, business use cases, software toolkits, open-source solutions and interoperability testing.

ATIS is accredited by the American National Standards Institute (ANSI). ATIS is the North American Organizational Partner for the 3rd Generation Partnership Project (3GPP), a member of the International Telecommunication Union (ITU), as well as a member of the Inter-American Telecommunication Commission (CITEL). For more information, visit www.atis.org. Follow ATIS on LinkedIn.

Media Contact:

Marcella Wolfe
Manager, Public Relations & Marketing Communications
202-434-8851
mwolfe@atis.org