AUSTRALIA: ASX Announces Launch of Real-time Corporate Actions Straight-Through Processing

Friday June 18 2021

On 16^th June 2021, the Australian Securities Exchange (ASX) announced that it has successfully completed and launched its real-time corporate actions straight-through processing (STP) service, which enables the processing and delivery of critical information – everything from dividends to entitlement offers – within seconds of announcement using ISO 20022 global standard messaging.

ASX’s corporate actions STP solution allows issuers to complete smart online forms for the announcement of certain events, taking advantage of pre-populated data and validation to support minimum information requirements and regulatory compliance.

Before the announcement is released, automated validations are performed for compliance with ASX listing rules and with minimum global data and format standards. For the issuer, this helps provide greater certainty, reducing the need to provide amended or updated announcements.

Investors get more accurate and comprehensive information faster, delivered in the industry’s preferred and easy-to-process global standard ISO 20022 compliant format.

ASX’s corporate actions STP solution uses the enterprise data management (EDM) technology of GoldenSource.

Click on the above link for further information.