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Trace Financial upgrades CAMS for SwiftStandards 2012

11 September 2012  |  1102 views  |  0 Source: Trace Financial

Trace Financial announced today that CAMS, the company's leading corporate actions management system, has successfully completed its upgrade to meet the 2012 Swift Standards Release.

The CAMS system fully integrates the SWIFT ISO 15022 series of Corporate Action Notification, Confirmation ad Instruction messages - complex formats which are updated annually.

Trace Financial's long experience in financial messaging - especially in relation to SWIFT - led to the company's development of a range of highly advanced messaging technologies, which have in the last two years been fully integrated into CAMS, giving it extra agility in the messaging aspect of corporate actions management.

Linda Letch, Director of Business Consultancy at Trace Financial, said: "This architecture shields core CAMS functionality from the impact of purely technical field format and validation changes and also makes it far easier to manage more extensive message enhancements. This greatly reduces the risk associated with implementing SWIFT Standards releases". 

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