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Swift Moving to Streamline Corporate Action Processing

Swift's new testing program will allow its members and vendors to see how their usage of corporate action messages stacks up against market practice guidelines established by global and local business standards groups.

The initiative, announced at the Swift Operations Forum for the Americas (Sofa) in New York last week, is part of a broad-reaching move to increase the acceptance--and improve the quality--of messages in the asset servicing community.




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