Corporate actions

222 articles tagged with this keyword

/Corporate actions

DTCC moves a step closer to corporate actions standardisation

The Depository Trust & Clearing Corporation (DTCC) has released for public comment a first set of drafts of corporate action announcement messages under the international ISO 200022 format.

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DTCC, Swift and XBRL US team on corporate actions processing

The Depository Trust & Clearing Corporation (DTCC), Swift and XBRL US have joined forces in a bid to improve communications between issuers and investors for corporate action announcements in the US market.

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Standard Chartered selects GoldenSource for corporate actions

Standard Chartered Bank is rolling out technology from US vendor GoldenSource to automate the creation of golden copy corporate actions notifications.

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Euroclear to introduce ISO 200022-approved corporate actions standard

Euroclear is to introduce a new set of ISO 200022-compliant messages for the exchange of corporate actions information and instructions between central securities depositories and issuer-appointed agents,

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Finexpo to highlight new trends in risk and transaction management

The Finexpo - Risk & Transaction Management conference and exhibition has opened for registration. The event, on Thursday 5 February at The Brewery in London, will focus on the latest developments in risk management approaches, regulatory frameworks, data and transaction management solutions and clearing and settlement infrastructures.

/Corporate actions

Australia's GBST to acquire Coexis

Australian financial software house GBST is to acquire London-based securities tech firm Coexis. Financial terms of the deal were not disclosed.

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CounterpartyLink reports Desjardins contract

Canadian banking group Desjardins has signed a three year contract with London-based CounterpartyLink for the provision of legal entity data.

/Corporate actions

Industry-wide effort needed to standardise reference data - TowerGroup

Little progress has been made in standardising reference data and inconsistencies continue to pose a significant challenge for securities firms around the globe, according to a new TowerGroup report.

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JPMorgan to roll out new corporate actions reporting service

A pilot scheme to collect and compare corporate actions announcements from multiple sources for client reporting purposes has been successfully completed by JPMorgan Worldwide Securities Service.

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Cameron Stockbrokers live with Broadridge's Summit

Australia's Cameron Stockbrokers has implemented the Summit broker client accounting system from Broadridge Financial Solutions to automate its equities brokerage processing operations.

/Corporate actions

EDM vendor Citadel appoints Peter Little CEO

Citadel, a London-based provider of enterprise data management (EDM) technology, has appointed fintech veteran Peter Little as its new chief executive officer (CEO).

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MiFID and Reg NMS to drive market data volumes - study

The introduction of the EU Markets in Financial Instruments Directive (MiFID) and the US Regulation National Market System (Reg NMS) could cause a 900% increase in the amount of market data being published by 2010, according to the latest TowerGroup research.

/Corporate actions

WestLB rolls out Asset Control data management platform

German banking group WestLB is installing Asset Control's flagship data management technology, AC Plus, at its operations division.

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Custodians call for global corporate actions standard

Universal and standardised messaging needs to be introduced to automate and streamline corporate action processing on a global level, according to a white paper released by The Association of Global Custodians (AGC).

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ING corporate actions clerk indicted for wire fraud

A corporate actions clerk at ING in New York has been arrested on charges that he embezzled more than $500,000 in client dividends.

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Saxo Bank signs for SmartStream corporate actions software

UK fintech vendor SmartStream Technologies says Danish online investment bank Saxo is implementing its corporate actions software.

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Abbey to use DTCC corporate actions resource

Abbey Financial Markets is to use the DTCC’s Global Corporate Action Validation Service (GCA VS) for corporate actions data management.

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HSBC Securities Services automates corporate actions with CheckFree eVent

HSBC Securities Services (HSS) has implemented CheckFree's eVent software to provide automated end-to-end corporate actions processing to investment administration clients.

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Mondas warns of shortfall

Despite record revenues and profits for 2006, London banking and securities software vendor Mondas is warning that its full year earnings will fall below expectations due to delays with a major contract at the end of the period.

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Reference data quality remains investment hotspot - report

Over a third of financial services firms are planning to invest in the automation of reference data over the next two years, according to a survey of IT managers conducted by AIM Software and sponsored by FT Interactive Data.