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Reuters Releases ISO15022-Compliant Feed for Corporate Actions Data, in Association with Swift; Easy-to-Use Feed Simplifies and Automates Corporate Actions Processing.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Reuters (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:RTRSY)(LSE LSE - Language Sensitive Editor :RTR RTR Ready To Run
RTR Rundfunk & Telekom Regulierungs Gmbh
RTR Rotor
RTR Radio e Televisiun Rumantscha (Romansh Radio and Television, Switzerland)
RTR Response Time Reporter
RTR Ready To Race
RTR Ready to Roll
.L), the global information company, today announced that Reuters DataScope, its complete back office historical and reference data solution, has launched an ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
15022-compliant corporate actions feed.

The Reuters ISO15022 feed, tested and approved by SWIFT, will simplify automating corporate actions, making it easier for clients to compare messages from different sources and to integrate them. This means fewer errors in corporate actions processing, therefore reducing operational risk. The feed was designed by Reuters DataScope's Third Party Alliance technology partner STPenable, a market data management solutions provider.

ISO15022, sponsored by SWIFT, is the predominant messaging format for corporate actions worldwide. Reuters new ISO15022 service is provided as in integral part of the Reuters DataScope suite. It is also first of a series of enhancements Reuters is planning to launch, expanding its corporate actions service and content.

Caroline O'Shaughnessy, Head of Third Party Alliances of Reuters DataScope, said: "Reuters is dedicated to providing solutions to the corporate actions market. This SWIFT-approved ISO15022 feed combines Reuters quality and breadth of data with STPenable's proven expertise in corporate actions messaging. We can now provide specific, event-based notifications for most corporate actions globally."

Francis Remacle, Head of Securities Industry Division at SWIFT, said: "We are delighted that Reuters is offering an ISO15022-compliant datafeed, which provides high quality messaging in terms of the standardised structure. ISO15022 messaging is being used by increasing numbers of custodians and information suppliers alike, and makes it much easier for them to automate and process corporate actions information."

The Reuters ISO15022 solution is the first step in a move to dramatically increase Reuters' coverage of the corporate actions market. With an increasingly powerful corporate actions data suite, Reuters is keen to help customers to reduce costs by further consolidating their data usage into a single, dependable source for pricing, reference and corporate actions information.

The Reuters corporate actions service covers over 43,000 companies, from 50 countries, listed on more than 100 exchanges globally as we also continue to add new markets to our coverage

About Reuters DataScope

Reuters DataScope is a total solution for historical and reference data needs. It offers comprehensive and accurate equities, fixed income, money markets, and futures data with a choice of delivery options from web-based to an on-site relational database relational database

Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple.
. Reuters DataScope offers equity end of day prices and corporate actions from more than 180 exchanges; and spot rates on 175 currencies, cross and forward rates, futures and options. Reuters DataScope includes unrivalled global bond coverage from Reuters and quality US taxable fixed-income security Fixed-Income Security

An investment that provides a return in the form of fixed periodic payments and eventual return of principle at maturity. Unlike a variable-income security where payments change based on some underlying measure, such as short-term interest rates, fixed-income
 coverage from the EJV EJV Equity Joint Venture (limited liability company established under Chinese law)  database, resulting from the partnership of the world's top brokers/dealers. Reuters recently added enhanced convertible bond data with an exclusive agreement between Reuters and MACE Advisers, which offers unsurpassed knowledge of convertible bonds. Reuters DataScope includes cross-referencing for front to back-office integration; global terms and conditions and unlimited open access for flexible use with other data sources.

About Reuters

Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 91 countries, including staff from the acquisition of Moneyline Telerate in June 2005. It also includes 2,300 editorial staff in 196 bureaux serving 129 countries, making Reuters the world's largest international multimedia news agency. In 2004, Reuters Group revenues were GBP GBP

In currencies, this is the abbreviation for the British Pound.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 2.9 billion.

Reuters and the sphere logo are the trade-marks of the Reuters group of companies.

About STPenable

Founded in 2001 by David Wynter, STPenable is a market data management solutions provider offering software for business process automation. The company has extensive experience and expertise in Reuters DataScope and DataScope Portfolio. Its Transformer suite of products has enabled companies such as Lipper Inc. and hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long"  Alexandria Investment Management to handle complex feeds and derive maximum benefit from the data. The STPenable solution is engineered for continuous operation and it supports standardized and vendor-specific data models. Its open technology platform allows for full customization of interfaces and the addition of new data feeds. STPenable provides full technical support and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 6, 2005
Words:700
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