Trade Confirmation MessagesPosted 9 May 2005 For investment managers and broker / dealers wishing to communicate with each other directly, or via an ETC provider, SWIFT offers the ISO 15022 trade confirmation messages for use on SWIFTNet FIN.
A comprehensive set of messaging standards which allow for automation of the trade confirmation process. - SO15022 message standards
- Message validation, non-repudiation and guarantee of sender
- STP improvement facilitating cost and risk reductions
- Leverage of existing FIN architecture
The diagram below highlights the three messages covering the Post Trade / Pre-settlement flows.
ISO 15022 Post Trade / Pre-settlement Message Flows
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