Next Stop: ISO20022 for Corporate Actions

Getting the Message

christine-strandberg

On April 25 this year, the Depository Trust & Clearing Corporation (DTCC) will pilot the migration of corporate actions announcements to messaging standard ISO 20022. Corporate actions professionals gathered last summer to attend a series of workshops organized by Swift and the DTCC to help them prepare for the pilot scheme, and to initially test if the new corporate actions messages could be pushed to downstream systems.

That meeting was the first in a series aimed at ensuring the industry is r