ISITC Europe, the industry group dedicated to improving the operational efficiency of the global financial industry, is looking to promote closer collaboration with other key associations and trade bodies across Europe, North America and worldwide.
Financial industry association Isitc says that nearly two thirds of its members plan to increase their information technology spending over the next two years as regulatory compliance continues to dominate the agenda.
ISITC (International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced the release of an updated Market Practice for Accounting Reconciliation Holdings.
Financial messaging bodies have agreed a common 'investment roadmap' designed to guide market participants through the confusing maze of multiple overlapping industry standards within the securities industry.
FISD, FIX Protocol, ISITC Europe and TWIST have decided to reconvene their MiFID Joint Working Group for an initial meeting to review the key business and IT-related issues that they expect to challenge the financial markets sector as a result of EU regulatory reviews and consultations of financial markets in the post-MiFID era.
It is with great pleasure that ISITC Europe releases details of a new operating structure which was proposed at its EGM in March 2009 and unanimously approved by its Membership in April 2009.
ISITC (International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, announced today that the Settlements Working Group has developed three new Market Practices for implementation.
International Securities Association for Institutional Trade Communication (ISITC), the industry trade group focused on standards in transaction processing and related communications, announced today that it has released two Market Practice recommendations.
XSP, the leading global provider of Corporate Actions processing software, announced today that Paul Fullam, Principal Consultant, has been appointed as a Co-Chair of the ISITC Corporate Actions Working Group.
The major financial market standards bodies have collaborated to create an 'investment roadmap' aimed at eventually establishing ISO 20022 as the common financial messaging standard, while maintaining the existing independent protocols.
© Finextra Research 2013