About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Automates Corporate Actions Managed Through Euroclear CREST

Subscribe to our newsletter

Broadridge Financial Solutions has fully automated corporate action and dividend events managed through the Euroclear CREST platform. The service includes event creation, instruction management, and payments processing and settlement, and is designed to reduce risk associated with human error and provide cost savings for clients.

Members of both CREST and Broadridge Global Asset Servicing are able to source CREST event data as part of the announcement capture process, in turn facilitating the automation of instructions, increasing straight-through-processing rates, and minimising risks associated with manual instructions. This includes handling the time-sensitive buyer protection process or ‘ACON’, which is specific to the UK market.

The systematic management of transformation and payment provided by the CREST platform is also supported, providing full control over the booking and settlement of entitlements across event types for Broadridge clients.

“This is the latest example of Broadridge driving market innovation through automation across the corporate actions industry,” says Michael Wood, head of asset servicing at Broadridge. “The solution provides full end-to-end processing automation, real time connectivity to clients’ position management systems, market data sources, and now direct market infrastructure connectivity.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to integrating legacy data with the cloud

Acceleration of cloud adoption, increasing demand for digital transformation and real-time data management have led financial institutions to rethink their data infrastructure to enable more agile operating models that can respond faster to change and make data a competitive advantage. For many, integrating data from legacy systems and data across the business landscape with a...

BLOG

Informatica Plans Second Half Release of CLAIRE GPT

Informatica, a provider of cloud data management solutions, is planning a second half 2023 release of CLAIRE GPT, a generative AI-powered data management platform that will become part of its Intelligent Data Management Cloud (IDMC). The company describes CLAIRE GPT, which is based on its enterprise-scale AI engine, as the next generation of the IDMC...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 21st at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Entity Data Management Handbook

Following on from the success of our Regulatory Data Handbook, A-Team Group is pleased to introduce its new Entity Data Management Handbook which is available for free download. This Handbook is the ultimate guide to all things entity data: Why Entity Data is important A full review of Legal Entity Identifiers (LEIs) Where they came...