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First Word: Talk of the town

I never thought I’d be saying this, given the glacial pace of change in this particular sector of the market, but it seems that corporate actions has been the talk of the town recently. Not only has the DTCC been forging ahead with its plans for XBRL and ISO, reported in last month’s issue, but Swift has also been busy promoting its self-testing service for corporate actions messaging, STaQS, as well as contemplating its possible future involvement in the tax processing and class actions areas.



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