Information Mosaic to Discuss Mobile Technology for Corporate Actions at Financial Technologies Forum's (FTF) 4th Annual Corporate Actions Processing Event
By Information Mosaic, PRNEMonday, October 4, 2010
NEW YORK, October 5, 2010 - Information Mosaic, a global provider of post-trade automation solutions,
will headline as a key speaker at the FTF's 4th Annual Corporate Actions
Processing Event 2010. Gerard Bermingham, Vice President of BusinessStrategy,
Information Mosaic, will lead a discussion entitled "Corporate Actions - Is
There an App for That?" on applying mobile technology to corporate actions.
The evolution of the regulatory environment, including the signing of the
Dodd-Frank Bill, has emphasized the need for greater transparency into
corporate actions data and events. Compliance is a priority, with dedicated
monitoring at each stage of the trade process. However, with an increasingly
mobile workforce, financial institutions need to equip executives with the
technology to tackle post-trade responsibilities on-the-go.
Gerard's session, at 1:15pm on Wednesday, October 13, will focus on how
mobile technology can be applied in a post-trade setting. Mobilization can
reduce key post-trade pain points including the burden of interpretation when
processing corporate action announcements and keeping up with high-speed
demand from the market. For example, the flexibility for portfolio managers
and clients to make informed decisions based on real-time data, right up to
the deadline, while on the move will reduce the operational challenges around
the decision process. In this way mobile technologies are becoming innovative
tools to overcome corporate actions hurdles.
"Mobile devices have evolved into viable business tools. As adoption in
the financial sector increases, firms will need to aptly prepare and
understand how mobile technology can enhance customer service and improve
efficiency in the post-trade environment," said Gerard Bermingham. "Mobile
devices will become a crucial link to Web-based corporate actions systems, so
institutions need to ensure they can provide suitable functionality and
security for executives on-the-go."
The full-day event will draw a select audience of key senior operations
professionals from across the financial services sectorincluding BNY Mellon,
Deutsche Bank Securities, JP Morgan, SWIFT and Vanguard.
For further information or to register, please visit the FTF website. If
you would like to meet with Gerard Bermingham please contact Amy Kester at
the information above to coordinate an interview.
About Information Mosaic
Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities and investment services industry,
including custody, asset servicing, private wealth management, asset
management and investment banking. The company is a recognized market leader
for corporate actions automation, winning multiple awards for best corporate
actions solution and achieving record scores in independent benchmark tests.
Founded in 1997, Information Mosaic currently supports the post-trade
operations of over 60 financial institutions worldwide. The company has a
proven track record of helping financial institutions transform post-trade
operations, enabling them to enter new markets, improve customer service and
reduce the risk and cost associated with volume and complex processing.
Information Mosaic's breakless post-trade automation platform removes
reconciliation points and therefore reduces risk and cost for all core
post-trade services including corporate actions, securities settlement,
trade, portfolio and cash management.
The company supports its global customer base from offices in Dublin,
London, Luxembourg, New Delhi, Singapore, Melbourne and New York.
For more information visit: www.informationmosaic.com
Follow us on Twitter: @infomosaic
For further information contact: Amy Kester Metia Ltd +1-917-320-6451 informationmosaic@metia.com
For further information contact: Amy Kester, Metia Ltd, +1-917-320-6451, informationmosaic at metia.com
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