Insight Into Actions

摘要

"Slow and steady" was the title of an article in the December 2005 issue of WS&T that described the industry's progress toward straight-through processing (STP) of corporate actions. Nearly a year later, the industry has made inroads to alleviate pain points associated with corporate actions, including more-widespread adoption of the SWIFT-supported ISO 15022 messaging standard. But the high costs associated with implementing that standard and the lack of automation and accurate data still are proving to be difficult hurdles to overcome.