XSP is extending the market reach of its automated corporate actions solution through a deal with technology services provider Broadridge Financial Solutions and a cloud-based version of its software.
Asset Control has extended data provision for risk management with the integration of direct access to DTCC Solutions’ Global Corporate Actions Validation Service (GCA VS) in its AC Plus data management platform. 
Industry leading financial institutions are reaping operational benefits and avoiding significant unnecessary financial exposures by ensuring the quality and the timeliness of their corporate actions data. As well as minimising costs from operational disruption caused by incorrect or incomplete data, these firms are able to reduce the risk of litigation and compensation claims arising from corporate actions errors, allowing them to save on the capital they set aside to mitigate these risks and avoid reputational harm. In many cases, the amounts involved are measured in the millions, of pounds, euros or dollars.
Markit’s renewal and extension of its corporate actions processing platform deal with XSP will allow it to expand its operations to serve more customers and make more calculations while maintaining accuracy and timeliness. 
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
S&P Capital IQ and Exchange Data International (EDI) have combined their respective North American and global data to deliver a consolidated global dividends and corporate actions service that will support risk management with timely and accurate corporate actions information. The move catapults the companies into competition with Interactive Data, Bloomberg and Thomson Reuters.
Loading ...
