To avoid confusion, Swift plans to rename its planned second edition of the ISO 15022 messaging standard, which is used in many corporate actions and other financial applications. The new edition – which will be offered alongside the original – will be called UNIFI (for Universal Financial Industry messaging scheme) and will be designated a different number: ISO 20022. UNIFI will be more comprehensive than ISO 15022 in that it includes standardized message formats, rather than simply providing a framework for developing messages.
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Swift Renames Second Edition of ISO 15022 Standard
Global data standards and identifiers are essential to business growth, market stability and cost reduction – but they can be challenging to implement, while a lack of consistency across jurisdictions has presented obstacles to global take-up. However, with regulators starting to sit up and take note, the issue of data standards is coming increasingly to...
A big day in the City last Friday as the London Stock Exchange Group (LSEG) completed its all-share acquisition of Refinitiv first mooted back in July 2019. The acquisition is expected to create a leading, UK-headquartered, global financial market infrastructure provider with a strong data and analytics business, significant capital market capabilities across multiple asset...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...