Brokerway’s service for information regarding Corporate Actions via ISO 15022
4 March, 2019
Brokerway provides a service which enables sending information via ISO 15022. Euroclear Sweden uses this service to send information to banks and financial institutions on affiliated companies’ ongoing Corporate Action events. The service makes it possible for Euroclear Sweden’s clients to streamline reconciliation and communication of e.g. dividends and interest payments.
– We have seen increased client interest to receive information regarding Corporate Action events information through ISO messaging. Consistent use of standardized messaging, over the long term will provide a more automated and harmonized European financial market, says Anders Löfgren, Chief Business Development Officer, Euroclear Sweden.
– We are excited to be part of the process to automate and harmonize the administration of Corporate Actions for Euroclear Sweden’s clients. Through the cooperation with Euroclear Sweden we contribute to a more efficient and standardized securities market, says Per Nyquist, CEO Brokerway.