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 also make use of XSP’s workflow tools in the overall corporate actions lifecycle.
While the risk associated with corporate actions is well established, many financial institutions continue with manual processing in the back office. More often than not, corporate actions information is manually keyed in and event processing lacks automation. This results in operational inefficiency, and financial risk due to missed events or simply getting it wrong. These...
ICE Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on LIBOR settings yet to be ceased and synthetic LIBOR methodologies. The UK FCA issued its final messages on LIBOR at the end of May 2023, prior to the end of the US dollar LIBOR panel and reminding market participants...
Now in its 13th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...