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

Wilshire Indexes Selects Alveo Data-as-a-Service for Corporate Actions Data Management

Subscribe to our newsletter

Wilshire Indexes, provider of a global benchmark platform that helps institutional investors, asset managers and retail intermediaries solve benchmarking, portfolio construction, and risk management challenges, has selected Alveo’s Data-as-a-Service (DaaS) solution for corporate actions data management.

The Alveo solution sources, cross-references, compares and validates corporate actions from multiple data vendors. In case of discrepancies, the Alveo DaaS offering provides root cause analysis and issue resolution. The result is a master feed for corporate actions that Wilshire uses as an input for its index solutions. The scope of the service encompasses about 30 different corporate action types that impact security prices including splits, reverse splits, delistings and capital distributions including dividends.

“Having access to multiple sources of corporate actions data and a data quality management service is critical to developing our solutions to meet the new needs of global investors,” says Paul Grimes, chief operating officer at Wilshire Indexes. “We are pleased to work with Alveo to enhance our corporate actions data and strengthen our efforts to transform the way investors use benchmarks to realise their objectives.”

Mark Hepsworth, CEO at Alveo, adds: “Wilshire Indexes is a highly innovative, data-driven firm that, like all our customers, wants to make the most of its market and reference data. It uses a wide range of global corporate actions, so we have worked closely with its operations team during implementation to improve automation and processes. Timely awareness and accurate corporation actions are essential to index providers.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

The US Litigation Paradox: Why Passive Participation is the Key for European Asset Managers

In the second blog of our series on securities litigation claims, we look at how the complexity of fragmented legal jurisdictions globally often deters European asset managers from getting involved in litigation and argue that the simplicity of the US system may mean participation is easier than many European firms are aware of. Access the...

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

Applications of Reference Data to the Middle Office

Increasing volumes and the complexity of reference data in the post-crisis environment have left the middle office struggling to meet the requirements of the current market order. Middle office functions must therefore be robust enough to be able to deal with the spectre of globalisation, an increase in the use of esoteric security types and...