ISITC
| January 3rd, 2012 | Jan Ellis Snitzer Named Chair of ISITC for 2012 - 2013 Term ISITC (The International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced that Jan Ellis Snitzer, Vice President at Loomis, Sayles & Co., will serve as the next Chair of the organization for the 2012-2013 tenure. Mrs. Snitzer will be taking over the Chairmanship from Gary Probert, who completed his two-year term as Chair in December 2011. |
| November 17th, 2011 | ISITC Releases Matching Best Practice to Reduce Industry-Wide Trade Exceptions Updated guidelines now include details for tax lots and derivatives |
| November 3rd, 2011 | ISITC Updates Accounting Reconciliation Holdings Market Practice for Tax Lots and Derivatives Updated guidelines now include details for tax lots and derivatives ISITC (International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced the release of an updated Market Practice for Accounting Reconciliation Holdings. The updates reflect the buy-side’s growing usage of derivatives and the resulting need for better standards for accounting reconciliations. |
| September 7th, 2011 | ISITC Releases Updated Guidelines for Tri-party Repos New reform prompts market practice update for tri-party reverse repurchase agreement settlement and confirmation |
| February 2nd, 2010 | Gary Probert Named Chair of ISITC for 2010 - 2011 ISITC (International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced that Gary Probert, Managing Director at Citi, will serve as the next Chair of the organization for the 2010-2011 term. Genevy Dimitrion, who served as ISITC Chair during the 2008-2009 term, will continue contributing to ISITC as part of the Executive Board. |
| February 1st, 2010 | Best Practices for Efficient Communication of Trade Notification - Building a Business Case ISITC's Derivatives Working Group recently published market practice recommendations for the communication of trade notification messages between investment managers and their accounting agents to promote the automation of this back-office process across the industry. Julia Schieffer offers insight into building a business case to secure budget to adopt best practices for this highly error-prone operational process. |
| June 28th, 2009 | ISITC Finalizes New OTC Derivatives Market Practice -New standards to improve automated communications between investment managers and third parties |
