New Alliance Calls For ISO 15022 Phase-Out

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A group of investment firms and service providers has banded together to push the financial services industry to complete the migration to the ISO 20022 messaging standard for corporate actions.

Brown Brothers Harriman, the Depository Trust & Clearing Corporation, Fidelity ActionsXchange, Information Mosaic, Thomson Reuters and XSP have all contributed to a new business case on corporate actions standards, endorsing a new push toward ISO 20022 and the benefits of completing the change.

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