20 October 2017

XBRL Discussion Group

A Finextra Community Group

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Archive for: May, 2010
Gerard BerminghamInformation Mosaic - New York

DTCC corporate action standards

19 May 2010  |  4841 views  |  0 comments | recommendations Recommends 1

The release of the first set of draft ISO 20022 corporate action announcment by the DTCC is an excellent achievement for them and their partners SWIFT and XBRL US. The introduction of standard messaging when communicating from the issuer to the final beneficial owner will significantly reduce the interpretational risk on corporate actions and lea...

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Founded by An ex-member
Date 20 Oct 2009
Group profile
As XBRL becomes more recognised as a vitally important tool to reduce data costs and streamline communication in the financial services industry, the full opportunities need to be explored. To ensure a full and clear understanding by the financial services industry globally rather than just those countries where is has already been adopted, especially in light of the DTCC and SWIFT initiative.
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