Swift and the Depository Trust & Clearing Corporation (DTCC) are looking forward to the migration of corporate actions messages to the ISO 20022 standard, which is expected to conclude in 2015 with the complete phase-out of DTCC proprietary formats, according to New York-based Malene McMahon, senior business manager at Swift.
A pilot of ISO 20022 messaging for corporate actions announcements began in April and runs through November. By mid-2012, Swift and DTCC will add other corporate actions, s
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails