Information Mosaic to Showcase Extended Business Benefits of Corporate Actions Automation at CorpActions 2010
By Information Mosaic, PRNESunday, April 18, 2010
New Areas for Automation Such as Proxy Voting and Securities Lending to Take Centre Stage
LONDON, April 19, 2010 - Information Mosaic, the global provider of post-trade
automation solutions, will be exhibiting at CorpActions 2010 on the 23rd
April 2010 in London. Key Information Mosaic customers will be taking the
stage to debate the risks and opportunities firms face in developing global
corporate actions strategies such as processing cross-border investments,
tackling proxy data and managing risks associated with manual intervention.
Information Mosaic is a recognized market leader for corporate
actions automation, winning the 2009 European Banking Technology Readers'
Choice Award for best corporate actions solution and achieving record scores
in B.I.S.S. 2009 corporate actions benchmark tests.
At the event, the company will be championing the importance
of standards and how the increasing scope of corporate actions automation
will bring new and exciting business benefits and opportunities to financial
markets firms. Information Mosaic argues that emerging trends such as
shareholder activism will see increased demand for proxy voting automation
and similarly the growth in securities lending will see a drive to manage
risk and support this growth through corporate actions automation.
As one of the only vendors involved in the development of the
new SWIFT ISO 20022 standard, Information Mosaic has long seen the value of
standards such as XBRL and ISO 20022 for facilitating the automation of
corporate actions communications, improving quality, accuracy and timeliness
of data, and mitigating risk. With an expected cross-over period of support
for ISO 15002 and ISO 20022, Information Mosaic is committed to providing
clients with the flexibility to maintain multiple standards as necessary.
Information Mosaic will be exhibiting its award-winning
corporate actions solution at CorpActions 2010 and distributing two new white
papers: "Issues in Corporate Actions Administration: Supporting the Growth in
Securities Lending" and "Proxy Voting: Ensuring Complete Transparency through
Automated Communication and E-Voting".
About Information Mosaic
Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities industry, to include custody, asset
servicing, private wealth, asset management and investment banking. The
company is a recognized market leader for corporate actions automation,
winning the 2009 European Banking Technology Readers' Choice Award for best
corporate actions solution and achieving record scores in B.I.S.S. 2009
corporate actions 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.informationmosiac.com
For further information: Nicola Garvin +44(0)20-3100-3586 Nicola.Garvin@metia.com
For further information: Nicola Garvin, +44(0)20-3100-3586, Nicola.Garvin at metia.com
Tags: April 19, England, Information Mosaic, London