European clearing and settlement agency Clearstream is adding a new service to its CreationOnline product that will allow clients to receive and respond to pending corporate actions in ISO 15022 format via the Internet.
CreationOnline is a real-time, Web-based platform that lets clients view the status of trades being settled and send settlement instructions to Clearstream via a browser "dashboard."
Starting Dec. 6, Clearstream will expand CreationOnline into custody. This requires Clearstre
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