Telekurs Financial has added a verification service to its Corporate Actions Reports Service (Cars). Cars enables Telekurs clients to receive notifications of events taking place on their portfolios in advance of the event. Pre-defined reports monitor an agreed number of event types and output an agreed number of data fields. Under the new service, the verification report – made available to Cars clients on request – shows the status of each instrument that has been requested in the client’s current input file.
According to the vendor, this will provide clients with additional peace of mind that they will not miss corporate actions, and will reduce the time they have to spend cleansing instrument reference data.
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