For immediate release
Brussels, 14 January 2020 – EFAMA,
the voice of the European investment management industry, in collaboration
with SWIFT, has published a new report on the evolution of automation and
standardisation rates of fund orders received by transfer agents (TAs) in
the cross-border fund centres of Luxembourg and Ireland during the first
half of 2020.
The report highlights
the progress made towards the increased automation of the amount of fund
orders, and the use of ISO standards. Twenty-eight TAs from Ireland and
Luxembourg participated in this survey.
findings of the report include: