Diary

Corporate Actions 2012: The Great Standardization Debate

Corporate actions processing has seen significant strides in automation in the last few years. But the lack of standardization remains a bugbear. At a corporate actions event this week, a growing number of industry players agreed that only standardization will

D-Day for the KIID: Is the Industry Ready?

On the same day that Europe held its breath for the Euro 2012 football final, it also marked another event, which caused a headache for some and relief and jubilation for others. Today was the deadline for fund managers to implement the key investor information document (KIID).

T2S – A Clearer Path?

It appears that the project to provide a common technical platform for securities settlement in Europe is gaining in momentum. In Mid-June, TARGET2-Securities (T2S) got another three CSDs to commit to its framework agreement, taking the number of players to over a dozen. And, following doubts about whether the project would go ahead, triggered at Sibos last year when the European Central Bank (ECB) announced yet another delay to the project, it is now on its way to the end game. But the end game has changed somewhat significantly in the last few years.

SWIFT to Launch MyStandards Web Platform

SWIFT is launching a Web-based application called MyStandards to facilitate the management of global standards and related market practices across the financial industry.

Bullish Outlook on US Economy Rises Among Institutional Investors

Institutional investment managers have a more positive view of the U.S. economy than in previous quarters, according to a survey of 100 managers conducted by Northern Trust, but they remain concerned about the European debt crisis and other macro issues.

Bloomberg Terminal Gets an Upgrade

Bloomberg has upgraded its Bloomberg Terminal (Bloomberg Professional) service. The next-generation service, called Bloomberg NEXT, consolidates and integrates data, news and analytics.