Connecting Issuer Services, originated from IHS Markit, standardizes and automates corporate actions and company matters announcements for the marketplace by facilitating an interactive interface between issuers and market infrastructure.

Issuer companies, which are primary data providers for all company matters and corporate actions, publish paper/ local proprietary formats/ pdf-based text full of narrations and tables, in many markets. Various market participants then try to manually extract data from these formats. For thousands of announcements happening every week, this manual extraction process has ample scope for human error and misinterpretation of text. As numerous market participants are manually extracting data, this leads to multiplicity in interpretations and thus disagreement in content received by intermediaries servicing investors from various data sources; thereby making it difficult to make timely and well-informed decisions.

With Connecting Issuer Services, Issuers / Issuer agents can use the structured templates to communicate their corporate announcements. These announcements are immediately available as structured data in ISO standard formats as well as a highly reliable XML to various market participants, like data vendors, custodians and financial institutions. Connecting ensures that various company announcements are transmitted straight-through from issuers to the investors without any manual interpretation by third-party intermediaries.