Church: Issuers Lacked Vital Knowledge around Corporate Actions Challenges

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The nature of corporate actions processing might have represented a barrier that has not enabled issuers to fully understand the challenges of corporate actions downstream, according to Chris Church, CEO Americas & global head of securities at Swift, and speaker at the Sifma Financial Services Technology Expo 2010 held in New York in June.

In 2009, Swift, DTCC and XBRL US partnered to create and develop the Issuer to Investor: Corporate Actions initiative, aiming to improve communications betwee