Securities Industry Automation Corporation (SIAC)
Quick definition
Securities Industry Automation Corporation (SIAC) is a technology company that provides infrastructure for processing securities transactions, including Securities Information Processors (SIPs).
What is Securities Industry Automation Corporation (SIAC)?
SIAC operates critical systems that support US financial markets, including the SIPs for both equities and options. These systems consolidate and distribute real-time market data and manage transaction processing. SIAC’s services ensure that all market participants have equal access to consolidated market data.