Reputation in automation
The introduction of ISO 15022 brings a glimmer of hope to those wrong-footed by nonautomated corporate actions. Pamela Brewster, senior analyst at Celent Communications looks at limiting errors and containing costs.
The ability to automate corporate actions processing has been a fairly elusive goal within the securities industry. Yet, a handful of factors, from the introduction of ISO 15022 compliant messaging standards to a first wave of third-party solutions, has the securities industry more hopeful than ever, that some degree of automation is now within arms reach. In addition, concerns over the
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