Information Mosaic Wins Banking Technology Readers’ Choice Award for Best Corporate Actions

By Prne, Gaea News Network
Monday, November 9, 2009

LONDON and NEW YORK - Information Mosaic, the trusted global provider of advanced custody, asset and wealth management solutions to the investor services industry, today announced that its corporate actions solution, cama(TM), has won the Banking Technology Readers’ Choice Award for Best Corporate Actions Automation Product or Service.

Banking Technology canvassed its 10,000+ readers to vote for what they considered to be the best systems available in Europe across 10 different categories. The winners of the 10th Annual Banking Technology and Readers’ Choice Awards were announced at a gala dinner at the Grosvenor House Hotel in London’s Park Lane on Thursday 5th November, with some 400 guests taking part in an evening of celebration.

Information Mosaic’s cama(TM) is an innovative global corporate actions automation solution that not only streamlines operations flows but intelligently aids decision making when intervention is necessary. It manages the complete corporate action lifecycle from announcement capture through to eligible balance calculations, instruction management, entitlement calculations and final distribution and payments.

John Byrne, Information Mosaic’s Chief Executive Officer and President, said: “We are delighted to be recognised by professionals in the industry itself - the readers of Banking Technology - as providing the best corporate actions solution. We have a history of continuous investment in technology innovation and a strong product roadmap that ensures our clients are getting the best corporate actions service available. This is our promise to them. And this award plus our strong client following are testament to that. Thank you to those who voted for us.”

About Information Mosaic

Information Mosaic is the trusted global provider of advanced custody, asset and wealth management solutions to the investor services industry. Established in 1997, Information Mosaic has committed to a path of continuous development and investment to provide market-leading global corporate actions and custody processing solutions.

The company has a proven track record of helping its clients improve efficiency on a global scale, enter new markets, win new customers and reduce the risk and cost associated with processing large volumes. Its global, end-to-end, corporate actions solution, cama(TM) is a five-time winner of B.I.S.S. Research’s best overall platform award. Information Mosaic supports clients around the world from offices in Europe, North America and Asia-Pacific. Currently, six of the top ten global custodians deploy Information Mosaic solutions worldwide.

For more information about Information Mosaic please visit: www.informationmosaic.com

For further information contact: Andy Martinus/Kate Reid Metia Ltd +44-203-100-3585 / 3617 andy.martinus@metia.com / kate.reid@metia.com

Source: Information Mosaic

For further information contact: Andy Martinus/Kate Reid, Metia Ltd, +44-203-100-3585 / 3617, andy.martinus at metia.com / kate.reid at metia.com

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