Only a few years ago – but crucially, prior to the financial crisis – surveys which reviewed progress towards corporate actions automation highlighted the key drivers for automation as reducing costs and inefficiencies. Whilst important, these were essentially technical objectives and correspondingly the debate, and its participants, inclined heavily towards the operational parts of the business. There are important signs that this is changing.
Along with the barrage of other corporate actions vendor updates this week (see SIX Telekurs’ recent win 
The International Organisation of Securities Commissions (IOSCO) has published a set of Principles Regarding Cross-Border Supervisory Cooperation developed by its Technical Committee’s Task Force on Supervisory Cooperation, which recommends a more proactive approach to data sharing between regulators. The recommendations include the ability for regulators to obtain information from third party jurisdictions at will in order to ensure they are not left with “incomplete information” in a crisis situation or otherwise.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
The London Stock Exchange (LSE) is certainly keen to add all the bells and whistles necessary to attract the maximum number of customers to its flagship post-trade platform UnaVista. Following the move of its transaction reporting service onto the platform earlier this month (see our coverage here), the exchange operator has now added support for FIX and XML standards to UnaVista in order to allow customers to connect to the solutions available on the platform either directly or via its Fix Gateway service.
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