DTCC Automates Instruction for Corporate Actions Processing

Testing begins for ISO 20022 inbound instruction messages; format helps firms reduce risks, improve efficiencies and reduce costs related to corporate actions processing.

INN Breaking News, December 26, 2013

Jennifer Morrell

The Depository Trust & Clearing Corp. (DTCC) received its first inbound electronic message using ISO 20022, the industry standard for financial messaging. DTCC said it is adding greater accuracy and efficiency to corporate actions processing for its clients.

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