Marshall & Ilsley (M&I) Trust Company has signed a three-year licensing agreement for Xcitek’s CostBasis (XCB) software and will use it to process cost allocation factors and tax opinions on corporate actions. Mark Cashion, assistant vice president, M&I Trust Company, says the move to XCB has increased accuracy and timeliness of processing cost basis activity on corporate actions for customers.
A-Team Insight Blogs
M&I Picks XCB For CA Processing
The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU and UK authorities. It has also changed dramatically following the UK government’s failure to reach equivalence...
By Stephane Dubois, Founder and Chief Executive Officer, Xignite. Over the last two to three years, several vendors have come into the market data space focused on selling financial data cheap. This is not a new phenomenon. We have seen it happen time and time again. After all, Xignite’s first API sold for as little as...
The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.
Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...