B.I.S.S. Creates New Corporate Actions Systems Awards

B.I.S.S. Research, which provides benchmarking of services and systems in the financial services sector, has launched four new awards for the best corporate actions systems for broker/dealers, asset managers, custodians and overall sector winner. The awards will run in parallel to the existing B.I.S.S. Accreditation process for corporate actions systems. Gary Wright, CEO, B.I.S.S. Research, says: “Over the many years of benchmarking corporate actions systems we have collated a huge data bank of information that details the true capability of the vendors’ systems. All corporate actions vendors that have entered their systems into the benchmarking in the past have been automatically included into this unique assessment and will therefore have an opportunity to win an award. The award will be announced after the 2008 Benchmarking results.”