Corporate Actions

Corporate Actions, originated from IHS Markit, supports the end-to-end automation of corporate actions and income processing, from announcement capture and validation to complete downstream processing. This solution offers an extensive range of functional features with global coverage of major events, markets and asset classes to help you increase productivity and focus on delivering value-added services, while reducing risk by providing real-time monitoring and control.

The operational process for corporate actions is complex and laden with risks. The market and event type based variations in the transactions coupled with manual tasks, lack of standardization and deadline driven nature often result in errors. These errors range from incorrect information dissemination to missed and incorrect elections and can cause huge financial, efficiency and reputational losses to financial institutions.

Operations staff can easily view and prioritize tasks via user-friendly management dashboards that provide risk profiles of upcoming corporate actions events and deadlines. A multi-entity structure supporting different business segments allows you to decide which operational functions to perform at a local level and which to centralize offering benefits of cost mutualization.

Service Provider Information

At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.

Key Information

Use Cases

  • Corporate actions standardization and automation solutions
  • Corporate actions claims processing
  • Managing corporate actions proceeds along with applicable taxes and fees
  • Vendor and custodian data scrubbing to produce golden record
  • Notifying eligible clients on corporate actions information
  • Standardization and consolidation of elections to generate agent instructions

Benefits

  • Enhance portfolio returns: Empower portfolio managers, traders and clients with better, more timely information
  • Support growth: Automate and standardize processes on an efficient, scalable platform to support increasing trading and corporate actions volumes and complexity
  • Comprehensive coverage: Ability to provide a global coverage by supporting a wide range of markets, event types and asset classes for custodians, asset managers, wealth managers and broker dealers
  • Lower operational risk: Reduce data and processing errors, duplications and delayed or missed events and tasks
  • Lowering long term TCO: Single code base solution shared across customers to deliver a more cost-effective solution over time

Details