Information Mosaic releases latest IMActions to target T2S
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Information Mosaic releases latest IMActions to target T2S 29 January 2013London Reporter: Jenna Jones
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Information Mosaic has released its latest edition of IMActions to help firms tackle Target2 Securities (T2S).
IMActions prepare CSDs, commercial banks and central banks—which are active in the securities markets—for T2S.
The new features and enhancements of IMActions, version 6.3, include extended functionality, flexible rules for buyer protection, complete event type and market coverage, enhanced generation of notifications and instructions and increased capability for automatic reconciliation.
Vikas Sahni, Information Mosaic’s IMActions product manager, said: “This latest release of IMActions is based on client feedback and reflects our significant investment in research and development to help our customers comply with the latest industry challenges and impending regulation.”
“The corporate actions enhancements around T2S add to our comprehensive securities and cash processing solution for this industry initiative, providing banks and depositories with a clear and achievable migration path to the new settlement system.”
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