Global corporate actions data provided by Interactive Data now will be available via XSPrisa, XSP’s software as a service (SaaS) offering for automating corporate actions processing.
Interactive Data provides comprehensive global coverage of corporate actions, covering more than 70 event types across 90,000 companies operating in more than 100 countries.
The data are available at the start of the day and on an intra-day basis in standardized XML and ISO 15022 format and can be integrated into financial systems and applications.
Combining Interactive Data’s content with XSPrisa can help financial institutions obtain on-demand access to global corporate actions data and streamline integration of this data into their technology platforms, the firms say.
“Corporate actions data continues to increase in volume and complexity, which presents financial institutions with a wide range of enterprise-wide challenges related to trading operations and management of risk,” says Robin Simpson, managing director, Reference Data, for Interactive Data. “The availability of our global corporate actions data through XSP’s cloud-based solution is an extension of our long-standing relationship with XSP.”
Brendan P. Farrell, Jr., CEO at XSP, adds: “Providing Interactive Data’s corporate actions data through XSPrisa offers the financial community an innovative integrated solution to streamline corporate actions processing. The growing volume and complexity of these events demand flexible and innovative technology solutions.”
(CG)