Swiss market data technology vendor Telekurs Financial has signed UK private client broker Brewin Dolphin to its corporate actions data service delivered in ISO 15022 international standard format.
Telekurs says the system will enable Brewin Dolphin to select relevant securities on a daily basis for same-day delivery.
Simon Still, chief operating officer, Brewin Dolphin, says implementing the new standard will simplify settlement and consolidation procedures.
The vendor says it will be releasing a Swift version of the corporation actions feed in June 2005 as soon as the financial messaging co-operative finalises the relevant standards.