CheckFree Corporation announced that it has achieved the B.I.S.S. 2005 Gold Accreditation for Corporate Actions Systems and recognition for the CheckFree eVent solution as the most improved system in the market.
Gary Wright, managing director of CityCompass Research, the leading independent Research Company specialising in the financial services sector and creator of the unique business benchmarking concept, said “CheckFree has been a consistent performer over the last three years of the B.I.S.S. Corporate Actions benchmarking and it is clear that the company has devoted considerable resources into their system over the last year. Judging by the scores set by the user panel, we believe CheckFree’s corporate actions solution delivers a very competitive system that offers compelling value to the market.”
In September this year, CheckFree announced it has also been awarded the SWIFTReady corporate actions label for CheckFree eVent, the company’s best-in-class automated workflow solution for corporate actions.
Randy McCoy, executive vice president and general manager of CheckFree Software said, “The new accreditation validates our strong commitment to mitigating the risk and minimising the complexity associated with corporate actions processing. We believe CheckFree eVent is the only product of its kind to offer end-to-end lifecycle management for corporate actions, and are driven to deliver outstanding benefits to our global client base.”