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

Point Nine Enhances Corporate Action Processing Services through Alliance with FactEntry

Subscribe to our newsletter

Point Nine, a provider of middle and back office trade processing and operations, has announced today that it is integrating its web-based operations platform with corporate action data provider FactEntry.

FactEntry provides corporate action data on credit instruments including name change, merger, coupon default, bond covenant details, credit events and recovery rate fixings for credit default swaps and collateralised debt obligations. All of the corporate action data is provided to the client with a detailed summary on the terms of an event and settlement timetable relevant to the corporate action.

The integration between Point Nine and FactEntry is in response to requirements for accurate and real-time corporate action data, with a particular emphasis on the credit and fixed income arena. The collaboration will help clients, who outsource their middle and back office operations to Point Nine, obtain critical corporate action information on a real-time basis.

The integration between FactEntry’s corporate action monitoring service, whose data feeds directly from the world’s major stock exchanges, and the Point Nine platform will allow the data to be transferred automatically, once a client goes live.

“As an extension of our client’s operations team, it is essential that we have the best tools available to mitigate the risk of miscalculations of assets. The alliance with FactEntry provides us with the most up to date corporate actions, independent of the custodian, enabling us to increase operational efficiencies for our clients,” says Pavlos Christoforou, chief technology officer of Point Nine. “We look forward to working with FactEntry and enhancing our current offering to our clients.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Key steps in adopting cloud and SaaS delivery for enterprise data

Following in the footsteps of market data migration to the cloud, enterprise data is finding its place in the cloud alongside Software-as-a-Service apps and data delivery mechanisms. The initial aim is to achieve greater efficiency and reduced costs by moving non-core processes off premise, while retaining mission critical apps and data in-house. Moving forward, the...

BLOG

Why ESG Data Is the Key to Connecting Next Generation Investors

By Marion Leslie, Head of Financial Information, Member of the Executive Board, and Executive Board Lead for Sustainability at SIX Group. Last year saw record inflows for ESG in passive investing, as $391 billion poured into ESG ETF assets, up nearly 100% from 2020 and ten times as much as in 2017, according to Statista research. There is...

EVENT

RegTech Summit New York

Now in its 6th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...