ASX automates corporate actions with issuer forms
The exchange group has completed the multi-year program aimed at standardizing data capture and message delivery using the ISO format.
Processing corporate actions is a complex task, partly due to the myriad event types and the fact that data is unstandardized and sourced from multiple places. Working for a bank or asset manager in a corporate actions job can be soul-destroying: these are highly skilled roles that remain underpaid and underappreciated, as this vital back office function is not one that typically attracts a lot of investment from the business.
But the Australian Securities Exchange (ASX) hopes that it can help
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