Swift Adds First Staqs Customers for Corp Actions

NEW YORK - Several customers have made an initial commitment to Swift's newly released central testing facility, the Simulation Testing and Qualification Service (Staqs) for corporate actions, officials tell Inside Reference Data.

From May 30, customers were able to order subscriptions and start using Staqs for corporate actions, which is a self-testing application used for testing IT systems for compliance with ISO specifications, market practice rules and regulatory requirements.

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