The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Fidelity ActionsXchange Creates New Standard in Corporate Information, Helping to Better Manage Costs and Mitigate Risk

Fidelity ActionsXchange, a leading provider of global corporate actions and related events, has introduced a new Subscription Based Service (SBS) model, which offers clients the flexibility and choice to individually select from Fidelity ActionsXchange’s expanded range of commercially available and proprietary data sources and tailor event information in their validated record.

A significant innovation in the delivery of multi-sourced, complex corporate actions announcement capture and validation, SBS is a customizable solution that provides Fidelity ActionsXchange customers with greater control over the source of their corporate actions event information, helping them to better manage costs and mitigate risks.

“Subscription Based Service will redefine the corporate actions landscape by creating a more customizable and precise delivery model to better align with our clients’ distinct business strategies,” said Laura Pollard, executive vice president and head of Fidelity ActionsXchange. “The service will also extend our clients’ ability to mitigate ongoing risk, a critical function of corporate actions processing.”

Choice and Flexibility
SBS allows clients to individually select from Fidelity ActionsXchange’s expanded range of available data sources and tailor event information in their validated record to more closely align with their unique market, product and asset coverage requirements.

This customized delivery option will enable clients to realize increased value and effectively manage costs while still closely maintaining strict control and oversight over operational risk. Clients can also maintain existing enterprise relationships to attain optimal pricing.

In the coming months, Fidelity ActionsXchange plans to announce the addition of new data sources to the SBS platform that will extend the range of options and risk mitigation capabilities for its clients.

“SBS provides us with the opportunity to select the most relevant commercial data sources we want incorporated into our validated corporate actions record, as well as the ability to select the types of information we need to see validated,” said James Monahan, executive director and regional head, North America position services at Morgan Stanley. “This added flexibility allows us to manage both our risk and overall data costs more effectively.”
About Fidelity ActionsXchange

Related content


Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?

Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable...


ESMA Report Calls for Improvement in EMIR Data Quality, Monitoring of SFTR Data

The European Securities and Markets Authority (ESMA) has published a report on European Markets Infrastructure Regulation (EMIR) and Securitised Financing Transactions Regulation (SFTR) data quality – and it’s not all good news. While progress has been made, more effort is needed by national competent authorities (NCAs) and ESMA to further improve EMIR data quality. The...


RegTech Summit London

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.


Pricing and Valuations

This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.