Information Mosaic Leads Scores In CityCompass Benchmarking
CityCompass held its third year of the B.I.S.S awards based on its benchmarking of corporate actions systems. Information Mosaic achieved the gold accreditation with the highest all round scores recorded over the past three years for its Cama corporate actions solution, and for the first time in all three industry sectors of broking, custody and...
Trust Company of Illinois To Track Class Actions
Trust Company of Illinois has selected Xcitek’s Class Actions (XCA) service to address the growing burden of tracking and potentially collecting from securities class actions. Doug Eyles, head of investments at Trust Company of Illinois, said, “After a brief trial period, we decided that XCA could help us to better track developments that might impact...
CheckFree Interfaces eVent to Telekurs’ VDF…
CheckFree Software has developed an interface to Telekurs Financial’s Valordata Feed (VDF) in ISO 15022 format for its eVent corporate actions application. The interface will plug Telekurs’ ISO 15022 corporate actions data into its workflow technology to help end-to-end automation and straight through processing. Says Beat Koch, chief executive officer of Telekurs (U.K.), “Several clients...
Xcitek Wins European Client In Mizuho International
London-based Mizuho International has gone live with Xcitek’s XSP software for corporate actions processing, following a detailed evaluations process of a number of systems providers. Said John Sweeney, executive director of Securities Services at Mizuho International, “XSP gives us end-to-end automation in our asset servicing area and enables us to offer a strong and competitive...
Free Corporate Actions Data Utility Introduced by Butterlink
Following a period of extended pilot testing, Butterlink is launching the latest version of its corporate actions utility in the hopes of attracting the necessary volume of clients for the free service. Butterlink, formed by a number of corporate actions specialists back in 2004, has so far signed up 117 users at 53 financial institutions,...
Mondas Interfaces with the DTCC’s Corporate Actions Service
Mondas has built an interface between its Radica CAPS corporate actions solution and The Depository Trust & Clearing Corp. (DTCC’s) Global Corporate Action (GCA) Validation Service.
Dublin’s Dexia Rolls out Telekurs iD for Data Access
Dexia Fund Services Dublin has rolled out Telekurs iD, the intelligent display product from Telekurs Financial to its fund accountants. They will now be able to verify prices and corporate actions as well as static and cross-reference information on security master files from its existing implementation of Telekurs’ Valor Datafeed (VDF).
JPMorgan Automates CAs for Clients to Access Via the Web
In order to better meet regulatory requirements, JPMorgan Worldwide Securities Services is automating its corporate actions information for its institutional investor clients by offering web-based access to the data and eliminating the distribution of thousands of paper documents annually. It will provide web access to shareholder communications related to corporate events for U.S. and Canadian...
Hansard Signs Up for ValueLink
Hansard Administrative Services has signed up for ValueLink’s Pricing, Corporate Action, and Dividend services. Hansard will be leveraging ValueLink’s collection of 1,300 daily closing prices from hedge funds manually collected from websites and calls to fund managers.
Xcitek Adds Interface to DTCC’s GCA Service…
Xcitek has extended its relationship with the DTCC to add support for its Global Corporate Action (GCA) Validation Service. Support will be offered in Xcitek’s latest version XSP 4.6 corporate actions management service. It has also partnered with Tap Solutions where Tap will build a feedhandler to load Xcitek’s corporate actions and municipal actions data...