The banking and capital markets industry initiative has expanded to 24 global organisations including asset managers and banks such as UBS and DBS Bank
The solution aims to facilitate straight-through processing of securities trades by automating the complete lifecycle of essential corporate action tax details
Built on the company’s corporate actions data and using infrastructure and technology platform Symphony, the application provides information on more than 70 corporate action events types
SKDD partnered with Montran on the initiative, introducing a range of new solutions for sustainable securities market management. It is now able to operate on the TARGET2-Securities platform in the Euro Area, and uses ISO 20022 messages