Standard Chartered Bank is rolling out technology from US vendor GoldenSource to automate the creation of golden copy corporate actions notifications.
The vendor says GoldenSource Securities & Products will provide clean, validated corporate actions announcements to Standard Chartered's custody platforms, supporting its growing Securities Services business in Asia Pacific.
The technology allows Standard Chartered to combine its in-house sourced corporate action announcements with those from data vendor sources in various formats, including Swift ISO15022.
Giles Elliott, global product head, Standard Chartered Securities Services, says: "Corporate actions announcements are a critical and high-risk part of our customers' business processes. Standard Chartered Bank has chosen to partner with GoldenSource because we feel its Securities & Products solution offers the best mix of functionality, architecture and domain expertise."