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STP - Standardization of Corporate Action

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Presentation on theme: "STP - Standardization of Corporate Action"— Presentation transcript:

1 STP - Standardization of Corporate Action
17th ACG General Meeting

2 Agenda What is CA News by Standard Message? What are the benefits?
Current & New Work Flow Challenges of Development List of Events 2

3 What is CA News by Standard Message
Additional Service Standard Message : SWIFT Message (Live Date Q4/2011) XML Message (Live Date Q2/2013) Announcement Real Time 3

4 What are the benefits? Same day Announcement
Straight Through Processing (STP) Risk Mitigation (Human Error from re-key data) International Standard (SWIFT Message) 4

5 Current Work Flow Text File EOD Input: Announce Date (T) T, T+1
** Cut off Time 5 p.m. BOT Listed Company Data Management Registrar Depository PDF & Text Re-key Key additional Info. TSD Members SET TSD EOD SET Disseminate news SET Website SETSMART 5

6 New Work Flow Standard Message TSD Members Listed Company Output
Announce Date (T) Input: Announce Date (T) TSD Members Standard Message Listed Company - Key-In (Standard Template) - PDF File SET TSD Registrar Dept BOT (Gov Bond) SET Website SETSMART Disseminate news 6

7 Challenges of Development
Balancing requirement between listed company and subscribers Balancing requirement among subscribers due to the difference in each back office 7

8 List of events Cash Dividend Stock Dividend Right Offering Bonus Issue
Warrant Exercise Meeting Capital Decrease Split and Consolidate (Change Par) Interest Payment Principle Redemption Tender Offer Other Benefit 8


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