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CheckFree's eVent supports LSE's ISO 15022 corporate actions feed

26 January 2006  |  1715 views  |  0 Source: CheckFree

CheckFree Corporation (Nasdaq: CKFR) today announced that CheckFree eVent, a powerful automation and workflow solution for corporate actions processing, now supports the London Stock Exchange's ISO 15022 corporate actions data feed.

The Exchange offers an ISO 15022-compliant service to deliver corporate actions and dividend data from UK-based corporations to end users in near real-time over the SWIFT network, using the MT564 corporate actions notification messages. The London Stock Exchange is the first stock exchange globally to supply centrally sourced corporate actions data through an industry-standard interface via SWIFT. This standardisation enables users of this corporation actions data to eliminate time-intensive processes and mitigate potential risk more effectively through automation.

Mark Husler, Head of Reference Data at the London Stock Exchange, commented "We have invested in technologies to support ISO 15022 messages using functionality contained within our award winning SEDOL Masterfile database. Our ISO 15022 Corporate Actions feed extends our capability to supply our clients with this mission critical data."

Husler added "With the support of connectivity and workflow technology providers, such as CheckFree eVent, our customers can now receive, validate and process all of their corporate actions data. This goes some way to reducing the risk and complexity of corporate actions processing for our customers."

Geoff Harries, director of STP product management at CheckFree Software, said, "Customers of the London Stock Exchange who deploy CheckFree eVent will now benefit from a fully supported ISO 15022 platform for their corporate actions data. Our solution provides an environment in which information from multiple sources can be easily accessed and integrated into a single, standardised format for an increasingly comprehensive view of corporate actions in markets around the world. Adding high quality data feeds, such as the London Stock Exchange, significantly enhances our announcement capture functionality."

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