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ISO 20022
Universal financial industry message scheme

Securities SEG and Derivatives SubSEG

Scope of the Securities SEG and Derivatives SubSEG

The scope of the Securities SEG includes the messages supporting transactions and business processes related to the following non-exhaustive list of financial instruments:

For the Securities SEG:

  • Equities
  • Fixed income
  • Funds

 

For the Derivatives SubSEG:

  • Over-The-Counter (OTC) Derivatives
  • Listed Derivatives
  • for the following asset classes: Interest Rate, Credit, Equity, Commodity, FX

Business areas include

  • Initiation, pre-trade including RFQ and credit limit check, clearing eligibility and margin quote
  • Trade, post-trade including post-trade events such as novation, termination, increase, amendment, option events, and external events such as index and basket changes
  • Clearing and settlement
  • Securities management: account opening, standing orders, transaction and account information, advices and statements from account servicing institutions to account owners along the processing chain, queries and investigations
  • Custody: income, corporate actions, proxy voting
  • Collateral management: collateral, repos, securities lending and borrowing
  • Regulatory reporting including real-time and snapshot reporting

Actors/roles involved include

  • Investment managers, distributors, transfer agents, fund administrators
  • Broker/dealers
  • Stock exchanges, ETC providers, confirmation and execution platforms
  • Regulators
  • Custodians
  • Clearing houses, CCPSs
  • CSDs, ICSDs
  • Market data providers
  • Market Infrastructures
  • Service bureaux

SEG leadership team

  • Securities SEG Convenor: Mrs. Axelle Wurmser
  • Securities SEG Vice Convenor: Mr. Charles-Raymond Boniver
  • Securities SEG Secretary: Mr. Benoit Van Daele
  • Derivatives SubSEG Convenor: Mr. Karel Engelen
  • SubSEG Vice Convenor: Mr. Joe Halberstadt
  • SubSEG Secretary: Ms. Courtney McGuinn

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