JPMorgan Using Staqs for Corp Actions Messages

New York - JPMorgan has for a second time used Swift's central testing facility, the Simulation Testing and Qualification Service (Staqs), to review corporate actions messages and identify areas to focus on, officials tell Inside Reference Data.

Staqs for corporate actions is a self-testing application used for testing IT systems' compliance with ISO specifications, market practice rules and regulatory requirements.

JPMorgan recently tested a selection of 50,000 messages against the newly launched

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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