The GoldenSource Corporate Action Module is designed to help financial institutions manage corporate actions such as stock splits, mergers, and acquisitions. It automates data collection, validation, and storage to ensure data integrity and reduce operational risks. This module supports over 80 types of corporate actions across various securities products.

Key Features

• Supports All Corporate Action Types: Handles stock splits, mergers, acquisitions, and more.
• Automatic Event Updates Merging: Combines updates from multiple suppliers.
• SWIFT Outbound Processing: Enables efficient communication with financial networks.
• Flexible Vendor Source Hierarchy: Allows for intuitive gold copy creation.
• Separate Vendor-Specific Events Storage: Facilitates quality comparison.
• Raw Inbound Source Messages Storage: Supports review and reconciliation.
• Configurable Matching Criteria: Includes suspect match identification to eliminate duplicates.
• Announcement Linking: Links-related announcements, such as reinvestment to cash dividends.
• Web-Based UI: Offers intuitive visual dashboards for informed decision-making.

Benefits

• Reduces Costs: Automates data management to minimize manual errors and improve efficiency.
• Improves Client Service: Automatically notifies clients and calculates entitlements.
• Increases Operational Efficiency: Provides visibility into workflow steps, reducing operational risk.