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: ESG data sourcing and management to meet your ESG strategy, objectives and timeline

ESG data plays a key role in research, fund product development, fund selection, asset selection, performance tracking, and client and regulatory reporting, yet it is not always easy to source and manage in a complete, transparent and timely manner. This webinar will review the state-of-play on ESG data, consider the challenges of sourcing and managing...

BLOG

Moody’s-MSCI Partnership Seen Impacting ESG Ratings Sector

Moody’s and MSCI have bolstered their ESG offerings with a tie-up that will see them share some of each other’s sustainability capabilities in a move that’s been predicted to concentrate global ESG ratings provision. As part of the arrangement, ratings provider Moody’s will gain access to MSCI’s data and models, which will eventually replace its...

EVENT

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

Buy AND Build: The Future of Capital Markets Technology London on September 19th 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 – Sixth Edition

High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...