Telekurs (USA) Integrates TB II Corporate Actions Into N-Tier Securities
Telekurs (USA) has entered a strategic alliance with N-Tier Securities to integrate Telekurs’ TB II corporate actions flat-file feed into N-Tier Securities’ corporate actions and STP software solutions. The joint solution has been tested and deployed by a New York-based broker/dealer and custodian. N-Tier is planning to extend its interface to Telekurs’ full compliment of...
XSP Signs Up First European Hedge Fund Polygon; Licenses to BB&T
XcitekSolutionsPlus has signed up its first hedge fund client in Europe as Polygon Investment Partners licenses the XSP software system for corporate actions processing. The global hedge fund advisor will interface XSP’s service across its London and New York offices through its already-installed FundManager portfolio management system from Beauchamp Financial Technology. Says Manuel Guerrero, head...
Hedge Fund Advisor Polygon Licenses XSP for Corporate Actions
U.K.-based hedge fund advisor Polygon Investment Partners has licensed the XcitekSolutionsPlus’s XSP corporate actions processing platform. Polygon plans to interface XSP with the FundManager portfolio management system from Beauchamp Financial Technology. The global hedge fund is seeking to streamline its corporate actions process for optimal operational efficiency across its London and New York offices. According...
Telekurs (USA) Teams with XcitekSolutionsPlus to Offer ISO 15022 Data
Telekurs (USA) Inc. and XcitekSolutionsPlus have extended their five-year relationship through the integration of the Telekurs Valordata Feed (VDF) service through the XSP corporate actions platform. While Telekurs-provided corporate actions data has long been available via XSP, the new deal means that ISO 15022-formatted messages will be offered to users of the platform for the...
Corporate Actions Systems Benchmarked by CityCompass
Think your corporate actions service is good enough? Try putting it through the paces of the CityCompass benchmarking process. Those systems and information service providers brave enough to do so and that passed the tough criteria were rewarded for their efforts with the new B.I.S.S. Gold Label accreditation. The benchmarking process, now in its second...
Vermeg Secures SEI Investments For Corporate Actions System
Corporate actions processing firm Vermeg has secured a new client in the form of wealth services provider SEI Investments. SEI is in the process of implementing Vermeg’s Megacor system to provide the corporate actions module within its own Global Wealth Management Platform aimed at private clients. While being touted as the first U.S. deal for...
LSE, FT Interactive Data Go Live With Corporate Actions via Swift
With the opening up of the Swift network to vendors for delivery of their corporate actions data, several data vendors have grabbed the opportunity and are in the process of launching ISO 15022-compliant data services. These developments are helping move the industry towards standardization and greater automation of corporate actions. FT Interactive Data last week...
Accenture MRDS to Complement Corporate Actions, Market Data
Accenture’s plans to roll out a Managed Reference Data Service (MRDS), based aroundon Asset Control’s Acdex outsourced data management offering (Reference Data Review, June 2004), is one of several data management initiatives under way at the big consulting firm. MRDS, for which Accenture has been distributing a white paper discussion document, sits alongside similar ventures...
Bureau van Dijk Picks EDI for Corporate Actions Data
Dutch electronic publisher Bureau van Dijk Electronic Publishing (BvDEP) has selected Exchange Data International to supply corporate actions data for the latest version of its Osiris company database. The deal brings EDI’s Worldwide Corporate Actions (WCA) feed to a new audience of front-office corporate finance users; its traditional marketplace is in the back-office corporate finance...
EDI Expands Middle Eastern Coverage of WCA, Dividend Feeds
Exchange Data International (EDI) has expanded the Middle Eastern coverage of its Worldwide Corporate Actions (WCA) and Worldwide Dividends feeds. The new service includes additional Arabic language translation capabilities as well as data from three additional Middle East stock exchanges and local data providers. Exchange information from the Algerian, Qatar, and United Arab Emirates (UAE)...