CheckFree Adds EDI CA Data Feed; Automates ISO 20022 Data Dictionaries
CheckFree Corp.’s CheckFree eVent corporate actions automation platform has created an interface to the ISO 15022-compliant corporate actions data feed from Exchange Data International (EDI). EDI’s corporate actions data is already integrated into a number of vendor systems, including, most recently, Mergent’s EventsData.com and BvDEP’s Osiris. Meanwhile, CheckFree is automating the way Message Broker, the...
J.P. Morgan Securities Upgrades CA System
J.P. Morgan Securities has gone live with the latest release of Xcitek’s XSP corporate actions automation and processing system. J.P. Morgan Securities has been using XSP for five years now and says the new version will be used to expand its use of ISO functionality, eliminating the need for manual diary entries. The firm will...
NRW, Bankgesellschaft Berlin Adopt Actis. BSP’s ProDB Platform
NRW.Bank, the largest of Germany’s regional development banks in terms of assets, and Bankgesellschaft Berlin, a regional corporate bank, have gone live with BSP ProDB from Actis.BSP, a German provider of core banking and capital markets systems. Both banks will use the BSP platform to handle securities descriptive data and corporate actions information. BSP ProDB...
Mondas Adds Fidelity ActionsXchange Data to Radica CAPS
A new alliance between Mondas, a corporate actions processing software provider, and Fidelity ActionsXchange, will allow clients working with both companies to receive cleansed corporate actions data feeds from Fidelity ActionsXchange’s ActionService product directly through Mondas’ Radica CAPS platform. The interface will allow Mondas’s Radica CAPS clients to automate the capture of global corporate actions...
EDM Council Swells Ranks at Second Meeting
The Enterprise Data Management (EDM) Council attracted a number of new members at its second meeting, held earlier this month. New members include ABN Amro, Barclays Capital, HSBC, M&G and Nomura, and bring the total membership to 39, representing 25 user firms and 12 members from the five founding vendor sponsors: Cicada, BearingPoint, GoldenSource, IBM...
Credit Suisse Asset Management Signs 5-Year Deal with Xcitek
In a five-year deal with Xcitek to automate its corporate actions processing, Credit Suisse Asset Management (CSAM) in New York, part of Zurich-based Credit Suisse Group, will use eTRAN (Electronic Tracking Response and Notifications) and the ISO 15022-Compliant Messaging Module of XSP for automated client event notification and response capture of elections. Using these tools,...
Telekurs Adds FSL Historical Global Corporate Actions
Telekurs has added corporate actions data covering the European and Australasian markets, sourced from Financial Software Ltd.’s (FSL) capital gains tax solution, CGix. CGix, currently used by more than 50 U.K. financial institutions, will be delivered via the Telekurs iD platform.
UMB Bank Subscribes to Xcitek for Securities Class Actions
UMB Bank has selected Xcitek’s new Class Actions (XCA) service to address the issue of identifying, tracking and responding to securities class actions. The bank already subscribed to other Xcitek products, including Corporate Actions, Cost Basis and XSP. XCA, launched in July, is a daily updated web-based service allowing users to match current or past...
Mondas Add Real-Time Updates And Web Access to Radica CAPS
Mondas has released Version 4 of its Radica CAPS corporate actions platform. The new version provides a common platform for retail and institutional clients with web-enabled modules and an integral message broking toolkit called Prism. Radica CAPS 4 users will also have access to real-time updates from event feeds, Swift and position data via the...
Xcitek Goes Live with First Cost Basis Client
Xcitek’s Cost Basis is now live at its first client site, an undisclosed online brokerage headquartered in San Francisco (erm, Charles Schwab, maybe?). The service, accessed through a secured session on the broker’s website, allows clients to calculate the cost basis of equity positions back to the original trade date. First introduced in 2004, Cost...