Nicholas-Applegate Capital Management has licensed XcitekSolutionsPlus’s XSP platform for corporate actions processing, its corporate actions data, its Swift messaging functionality and the Electronic Tracking Response and Notifications system for notification and response capture. “After evaluating the software vendors in the marketplace,” Christopher P. Siriani, director of operations at Nicholas-Applegate Capital Management, “we found that XcitekSolutionsPlus offered the most robust and flexible solution at a reasonable cost. They have an impressive client list from diverse market segments – varying from small growing companies to large industry leaders.” Xcitek recently teamed with ADP to add corporate actions auto-mation to the company’s back-office processing systems.
A-Team Insight Blogs
Nicholas-Applegate Opts for XSP Platform
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...
Kaiko and Bloomberg Promote Standards for Digital Asset Markets with Release of Financial Instrument Global Identifiers for Crypto Assets
Kaiko, a cryptocurrency market data provider, is bringing Bloomberg’s Financial Instrument Global Identifier (FIGI) into play as a means of identifying crypto assets and enabling greater interoperability between industry participants including digital asset exchanges, data aggregators, custodians, service providers and regulators. The companies’ first move is the release of a batch of FIGIs for all...
As investment management firms take on more responsibility and control over core operational functions, A-Team has seen demand for a more buy-side oriented event focused on data and data management. The inaugural DMS Boston will take place in June 2020, and will focus on topics of interest to buy-side practitioners.
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...