For immediate release
Funds processing automation rates reach new highs
New report from EFAMA and SWIFT shows industry automation rates reaching 86.7% of cross-border fund orders in 2016
Brussels, 12 June 2017 The European Fund and Asset Management Association (EFAMA) today published in cooperation with SWIFT 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 in 2016.