Isitc

Description

The International Securities Association for Institutional Trade Communication (ISITC) is a 350-company, 1,500-member organization devoted to developing recommendations for securities trade processing standards (including straight-through processing) and related communications in order to make trades faster and more accurate. ISITC was founded in 1991. What is ISITC's industry makeup and what types of companies belong? Member organizations include broker/dealers, custodians, investment managers, and vendors/utilities. What types of companies belong? Member organizations include broker/dealers, custodians, investment managers, and vendors/utilities. These include some of the world's largest and most prestigious banks and financial companies, such as UBS, Bank of America Securities, TIAA-CREF, Citibank, Morgan Stanley, Vanguard, Fidelity Investments, The Depository Trust & Clearing Corp., and KPMG. Click here for a full list. What is the number one member benefit? All members are invited to contribute their expertise to ongoing discussions and resolutions that involve some of the most significant issues in securities trade processing. What are some other member benefits? Education, networking, and interacting with vendors that can help businesses work more efficiently. What is a Working Group? A group of members who discuss and propose industry-wide standards for a specific element of electronic trading or other communications issue...

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