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
Date: 15 September 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes 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...
SmartStream Technologies has made its first move since rebranding at the end of last year and bringing its Reference Data Utility (RDU) into the mainstream of its product line-up, with the addition of an API suite for the RDU. The APIs are designed to provide faster access to accurate data, operational efficiency, greater agility, and...
This briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
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