DST Global Solutions has launched a corporate actions automation solution, powered by XSP, on its HiPortfolio position management platform.
The solution provides validated announcement data and delivers improved visibility and control across the lifecycle of the event, from the initial announcement through to the necessary accounting adjustments.
The solution also covers data cleansing, notification and response processing through to investment accounting updates of entitlements.
This solution brings together industry best practice for corporate actions processing to deliver a true end-to-end corporate actions processing and investment accounting solution, says Geoff Harries, global head of Asset Servicing at DST Global Solutions. It will benefit our clients by providing a centralized announcement capture capability and improved client service through increased timeliness and quality of notifications.
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