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

A-Team Insight Blogs

Trust Company of Illinois To Track Class Actions

Trust Company of Illinois has selected Xcitek’s Class Actions (XCA) service to address the growing burden of tracking and potentially collecting from securities class actions. Doug Eyles, head of investments at Trust Company of Illinois, said, “After a brief trial period, we decided that XCA could help us to better track developments that might impact our client’s portfolios.” This follows Brotherhood Bank & Trust (BB&T)’s decision to implement the same web-based service announced earlier in the month. The service contains features such as customised watch lists, email alerts and portfolio monitoring that enable users to stay abreast of developments in the growing area of securities class actions. Another 70 firms are said to be trialling the service.

Related content

WEBINAR

Recorded Webinar: A new way of collaborating with data

Digital transformation in the financial services sector has raised many questions around data, including the cost and volume of reference data required by each financial institution. Firms want to pick and choose the reference data they need to fulfil their requirements. Emerging solutions with the potential to decrease the cost of data and increase flexibility...

BLOG

n-Tier Blockchain-Based Reference Data Consensus Solution Aims to Drive Down Errors and Costs

As reference data volumes continue to soar, bringing with them huge data cleansing, validation and management costs, financial institutions are beginning to consider collaborative solutions that can improve data accuracy while reducing cost. n-Tier, a New York headquartered company that helps firms ensure accuracy and completeness of reference data, has joined the party with a...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

Practical Applications of the Global LEI – Client On-Boarding and Beyond

The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....