Broadridge Supports International Expansion with New Appointments
Broadridge Financial Solutions today announced new appointments and a relocation in line with both its growing international strategy and its increased presence in the Asia Pacific region. Julie Kerr has joined Broadridge in the role of senior sales executive, responsible for sales in Hong Kong and Singapore. Shehas over 19 years’ experience in sales and...
Information Mosaic is Planning Launch of New Asset Surveillance Solution Later This Year, Says Singh
Post-trade solution vendor Information Mosaic is planning to launch a new asset surveillance solution later this year, in addition to promoting its upgraded client front end for its flagship corporate actions solution. Manmohan Singh, head of product leadership at the vendor and country head of its Indian operations, who joined the vendor back in October...
US SEC Passes Proxy Voting Reforms, New Data Requirements on Their Way in 60 Days
The US Securities and Exchange Commission (SEC) has passed a reform this week that issues additional rights to “long term” shareholders, who own or have owned continually for three years and have at least 3% of the company’s voting stock, to be able to nominate candidates to the boards of the companies they own. As...
SEB’s Strandberg is Unsure About the Benefits of XBRL for Corporate Actions STP
Some in the market may be convinced of the benefits of XBRL for the entire corporate actions process (see our interview with BNY Mellon Asset Servicing’s Paul Bodart for example), but not everyone agrees that it is the key to increasing end to end straight through processing (STP) in the space. Christine Strandberg, global product...
XBRL Has Great Potential for the Corporate Actions Market, Says BNY Mellon’s Bodart
Swift is certainly convinced of the benefits of XBRL for the corporate actions space but it is not alone in its opinion: it has won favour with a number of high profile banking execs in the space, not least of which is BNY Mellon Asset Servicing’s executive vice president and head of EMEA global operations...
Swift to Launch Corporate Actions Pilot Scheme for ISO 20022 Messages in December, Seeking Out Willing Participants
In line with its 2015 strategic focus on corporate actions, industry network operator Swift has announced that it will begin piloting its new ISO 20022 messaging system in December this year. The pilot will include the 13 new corporate actions messages that have been reverse engineered by Swift from ISO 15022 messages, 22 issuer agent...
Swift’s Aggarwal Confirms the Securities Reference Data Items that Have Made the Cut in the New 2015 Strategy
Financial industry network operator Swift has finally signed off its new five year strategic plan, but how many of the reference data items mentioned by securities head Chris Church back in January have made the final cut? Arun Aggarwal, Swift’s managing director for the UK, Ireland and the Nordics, explains to Reference Data Review that the development of...
Strate Completes Corporate Actions Automation Project for South African Market with TCS
Four years ago, South African central securities depository (CSD) Strate launched its project to automate its equity corporate actions processing and, a year later, in September 2008 it engaged the services of Tata Consultancy Services (TCS) to develop the new system. Following a period of development and testing, the system has now gone live and...
Video: Virginie O’Shea Talks to Swift’s UK, Ireland and Nordics MD Arun Aggarwal
Contextualising Swift’s 2015 Strategy: Arun Aggarwal, managing director of UK, Ireland and the Nordics for Swift, discusses the network operator’s new five year plan for the securities market and how the Bank Identifier Code (BIC), standards and corporate actions feature. Video of 13766090
Rana Joins XSP as Senior Business Analyst for EMEA in London
XSP announced today the appointment of Harry Rana as senior business analyst for EMEA. Rana will be responsible for supporting the expanding EMEA sales programme and client base for the XSP Corporate Actions software platform in a pre-sales and business analyst capacity. Based in London, Rana will report to Neil Sheppard, managing director and chief...