Checkfree Corp., a financial data management company based in Atlanta, has acquired Heliograph, a London-based financial messaging and corporate actions processing company. Checkfree will pay $18.3 million for all Heliograph shares outstanding. Heliograph, which has annual revenues of around $8 million, will be merged into Checkfree’s Financial and Compliance Solutions (CFCS) unit, part of its software division. The deal gives Checkfree substantial presence in the corporate actions processing space and adds to its international presence. CFCS recently opened a London office to market the RECON-Plus Frontier reconciliation solution.
A-Team Insight Blogs
Checkfree Acquires Heliograph, Boosting Corporate Actions Capability
Rising volumes and increasing complexity of corporate actions are challenging market participants’ efforts to reconcile data, automate corporate actions processing, and contain costs. The culprits causing these challenges include legacy systems, missing skills, manual processes, data quality issues, and a lack of standardisation. Added to these is the increasing complexity of corporate actions such as...
Sova Capital has selected Appway, a provider of workflow orchestration, to provide solutions for a digital onboarding and KYC refresh. Sova will streamline its workflows using Appway’s Onboarding for Wealth, KYC and Regulatory Review solutions, and will support direct client interactions with Appway’s Client Engagement Hub. Sova Capital is an FCA authorised and regulated broker...
Now in its 6th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to...