News

Please join our industry-wide survey on Corporate Action data processing in 2021 and help shape a new industry perspective on how and where we can transform together.

Access to the survey: 

https://thevalueexchange.ca1.qualtrics.com/jfe/form/SV_5i4AgnaNeOB600C?partner=203

 

ISSA started a Working Group (WG) in the summer of 2020 to look at the Securities Services market's adoption of ISO 20022. The aim was to understand what was happening, and the opportunities and challenges of adopting this standard. The ISSA ISO 20022 Report is the culmination of two surveys of the Members and many discussions within the WG. The report also looks to the future and suggests practical «Next Steps» that can be taken by ISSA and its Members.

ISSA's New Norm Working Group has prepared the second in a series of short articles that deal with the impact of the global pandemic on the Securities Services Industry. In this latest article, the Working Group focuses on the challenges faced, as well as the opportunities created, with the adoption of electronic signatures.

Swiss Re Ltd, Zurich, joined ISSA as a new member in February 2021.

There is a high level of diversity in the application of DLT in Securities Services. To try and address these within a single WG is therefore complex. As a result, the Co-Chairs of the DLT WG (Glen Fernandes, Euroclear and Urs Sauer, SIX Group) have taken the step to maintain the overview by keeping the main DLT WG running, whilst adding three sub-streams focusing on key topics of interest, with deliverables throughout the year: 

  1. Voice of the Customer
  2. Central Bank Digital Currencies & Stable Coins
  3. Standards within DLT

If you would like to join one of the sub-streams or talk about any one in particular please let Colin know.

WTax UK Limited, London, joined ISSA as a new member in the middle of February 2021.

As of 1st February 2021, Mr. Jason James Nabi, Group Head of Strategy and M&A, replaces Pierre Yves Goemans as ISSA Board Member representing Euroclear.

Read about his nomination in the Press Release of Euroclear and ISSA.

 

 

The Cyber WG has created a short article expressing thoughts about the changes in the industry's security environment caused by the increased prevalence of Remote Working/Working from Home. We hope that you find it useful, but equally importantly please let This email address is being protected from spambots. You need JavaScript enabled to view it. know if there are elements that are not covered in the document.

Again we are indebted to the firms that have been involved in bringing this article to fruition and thank them and their experts. The Cyber WG is taking a pause after substantial deliveries over the last 3 years. ISSA believes that the issues unique to the Securities Servicing Industry have been addressed. If there are additional areas where your institution thinks that more work and thought is needed then again please let Colin know.