Information Mosaic, the global leader in providing advanced post-trade automations solutions, has been awarded SwiftReady 2012 Certification for Securities Settlement and Corporate Actions. Information Mosaic has been awarded the label for Corporate Actions for the eighth consecutive year.
The SWIFTReady for Securities Settlement label has been awarded to Information Mosaic's post-trade operations platform, IMSecurities™, the scalable post-trade automation platform for asset servicing, securities settlement, trade, portfolio and cash management. This is the fourth year in a row that IMSecurities has achieved the certification.
Information Mosaic's corporate actions solution, IMActions™, automates the complete corporate actions life cycle, from announcement capture and cleansing, to entitlements, notifications, elections, and allocations. Under the SWIFTReady 2012 certification, Information Mosaic has demonstrated its ability to process the full set of corporate action messages, and has proven its understanding and technical mapping of these messages and the nuances associated with varied national market practice, to SWIFT.
"Information Mosaic's continued commitment to certify its solutions through the SWIFTReady program and its proven dedication to support the most current industry standards are evidenced by achieving SWIFTReady 2012 certification," Filip Versluys, Head of Partner Marketing for SWIFT, stated. "The requirements for achieving the SWIFTReady certification are becoming more demanding each year as the industry strengthens market practice for ISO 15022 and begins adopting ISO 20022. Information Mosaic clients will be able to benefit quickly from Information Mosaic's expertise as well as from SWIFT's services."
Information Mosaic's Chief Operating Office, Rene Keller, commented, "We are very pleased to once again receive SWIFT certification for our complete post-trade solution, IMSecurities™, and our corporate actions solution, IMActions™. The certifications reflect the firm's ongoing commitment to provide the industry with the most advanced post-trade automation solutions. Meeting the SWIFT messaging standard, as well as the SMPG guidelines, gives our clients the confidence and certainty thinty that they are conducting their business in direct adherence with the global industry benchmark and best market practice standards, as well as allowing them to take advantage of these changes to launch innovative new services for their own customers."
"Information Mosaic is delighted that IMSecurities and IMActions have been recognized in this SWIFT certification process for 2012," stated Paul FitzGerald, Senior Business Analyst and a key member of the Information Mosaic team responsible for the SWIFT certification process. "Each year, Information Mosaic takes a project approach to the certification process, committing the proper resources and ensuring all specific requirements are met. This is crucial as the SWIFT requirements become more challenging with each annual release. Information Mosaic welcomes the opportunity to demonstrate once again that it its award-winning products follow - and in many cases surpass - market expectations and requirements."