STX/SET

STX SET manages settlement instructions. It acts as intermediary between any book entry system and any central security depository (CSD) and/or global custodian.

STX SET use ISO15022 as standard for both inbound and outbound instructions. As all CSD requires specific business rules and adaptations to the ISO format STX SET contains of CSD adapters. Currently STX SET is shipped with adapter for Euroclear Sweden. The book entry system adapter are built and customized together with ordering customer if standard ISO15022 is not supported.

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