Latest Corporate actions News: Finextra Research

Binance announces restructure to assuage regulator concern

Cryptocurrency exchange, Binance, is set to centralise its business structure in the wake of intensifying regulatory concern over the firm’s lack of systemic transparency.

17 September 2021

Company update/wholesale

SIX survey: Better quality data required to automate corporate actions

There is a pressing industry need for automated corporate actions solutions rooted in high quality corporate actions data and technology infrastructure, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians, clearing houses and investment banks.

08 September 2021

Research/Corporate actions

Love Change: The Dynamics of Modern Leadership

06 August 2021 310 downloads

Research/Corporate actions

Driving successful Cloud Transformation

15 July 2021 339 downloads

Company update/regulation

Westpac to pay $87 million to customers over failed corporate action notifications

Westpac has committed to remediating customers whose financial advisers may have failed to notify them of corporate actions between 2005 and 2019.

02 July 2021

Company update/markets

ASX launches real-time corporate actions service

ASX has successfully completed and launched its real-time corporate actions straight-through processing (STP) service, which enables the processing and delivery of critical information – everything from dividends to entitlement offers – within seconds of announcement using ISO 20022 global standard messaging.

16 June 2021

Research/Corporate actions

Sustainable Finance Live - Valuing Nature: Better Assessing Financial Risk

02 June 2021 80 downloads

Company update/markets

Deutsche Bank goes live with Proxymity digital proxy voting

Deutsche Bank announced today that its connection with Proxymity, the digital investor communications platform it invested in in 2020, is now live and servicing clients.

10 May 2021

Company update/regulation

Client due diligence fintech MYCDD launches in Jersey

A new fintech business, MYCDD, has been formally launched in Jersey with an objective to revolutionise how international financial services and other firms manage their ongoing client due diligence requirements.

26 April 2021

Company update/Corporate actions

Pirum releases corporate actions automation tool

COACSConnect - Pirum Systems launches a fully comprehensive solution for Corporate Actions processing as part of its “Future Tech” initiative.

11 March 2021

Company update/people

SmartStream hires Neil Sheppard to lead the growth of its corporate actions business

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announce the appointment of Neil Sheppard as Global Head of Business Development for TLM Corporate Actions solutions and services.

10 March 2021

Company update/regulation

Cecabank chooses Broadridge for automated proxy voting

To broaden its services related to new mandatory obligations under the updated Shareholder Rights Directive (SRD II) Cecabank S.A., one of the largest global custodian banks in Spain, has selected Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, to provide them with Broadridge’s leading global proxy voting solution.

26 January 2021

News/sustainable

Davos 2021: PayPal’s Dan Schulman - Profit and purpose being at odds is ‘ridiculous’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

25 January 2021

Company update/cloud

New AI platform provides proxy voting data from Broadridge

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has launched Broadridge Proxy Policies & Insights (PPI) Data, a first-of-its-kind comprehensive platform providing an open data-feed of proxy voting data and analytics.

12 January 2021

Company update/regulation

Broadridge collaborates with Slib on cross-border proxy voting for the French market

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced its collaboration with SLIB, a leading-edge software vendor in electronic voting and security services based in France, to offer a joint, cross-border proxy voting solution for Shareholder Rights Directive II (SRD II) compliance, covering European shareholder meetings.

05 January 2021

News/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

24 November 2020

Company update/markets

DTCC preps service to simplify corporate actions claim processing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Depository Trust Corporation (DTC) subsidiary has filed with the U.S. Securities and Exchange Commission (SEC) a proposal to launch ClaimConnect, a new DTC service that will centralize and automate cash claim processing across the entire lifecycle of a corporate action claim.

05 October 2020

Company update/markets

SIX survey reveals industry need for corporate actions automation

There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians, clearing houses and investment banks.

10 September 2020

News/sustainable

Deutsche Bank spinoff IMP+ACT Alliance launches digital ESG fund transparency tool

IMP+ACT Alliance today launched the IMP+ACT Classification System (ICS), which will allow asset managers to self-report how they classify, measure and manage ESG impact, serving financial risk mitigation strategies and advancing global goals such as the UN’s Sustainable Development Goals (SDGs).

24 June 2020

News/wholesale

BNP Paribas Securities Services uses NLG to write client exec summaries

BNP Paribas Securities Services is using Natural Language Generation (NLG) to write one-page executive summaries for its custody clients.

05 June 2020