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Corp actions messages initiatives gather pace

CHICAGO – Standards body ISITC is finalising a number of initiatives to produce more efficient corporate actions messages.

Tom Brown, senior project manager at Fidelity Investments in Boston, and executive sponsor of ISITC's corporate actions working group, says two sessions at last month's ISITC-IOA conference in Chicago saw progress on a number of fronts.

Brown says the group has finalised its market practice document on account bulking, which proposes increasing the efficiency of corporate actions notifications by

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