Corporate Actions: ISO 15022
EDI have now implemented ISO 15022 compliant MT564 & 568 messages within
their WCA feed. ISO 15022 is becoming the de-facto standard for communicating
Corporate Action event details to arrest the growth of otherwise traditionally
manual and volume sensitive procedures.
EDI believes it can help automate these processes through structured messaging
that offers the potential for increased STP and more importantly reduces risk
and improves efficiency for their clients.
Benefits:
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Reduction in overheads
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Improve Efficiency
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Minimise Risk
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Increased level of service to clients
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