Hub Corporate Actions
Client Profile: DIA and HCA (PDF format)
Hub Corporate Actions: an enterprise-wide
notification service that automates the tedious, error-prone process of manually tracking
corporate actions for mid-size to large firms. (For small to mid-size firms, see our
eActions corporate actions product.)
"We get more information, especially with regard to cost basis.
Plus, whenever there is a change, like a revision to an action, we know of those changes right
away." - Mike Miller, Operations Supervisor, Denver Investment Advisors
Surprisingly, in this age of 24/7 transactions and paperless
trading, tracking corporate actions such as mergers, acquisitions, bankruptcies, spin-offs,
and name changes is still a manual process for most firms. Hub Corporate Actions can
change that by delivering timely, accurate corporate action information with cost
allocations on the securities you hold in your portfolios. Corporate action data is
customized to your enterprise needs. This data is automatically updated and e-mailed to
you daily in clean, concise reports.
High-Quality Data Providers
Hub Corporate Actions combines powerful application software with a
unique data access service. Together, these resources offer a single, automated solution
that delivers the broadest corporate action data coverage on the market today. Unlike
other solutions, Hub Corporate Actions consolidates and normalizes action information from
four high-quality sources:
- XCITEK
- CCH, INCORPORATED
- EXSHARE
- TELEKURS
As Easy As the Internet
Best of all, Hub Corporate Actions is as easy to use as the
Internet. To solve the notorious problem of difficult-to-read corporate action data, Hub
Corporate Actions formats your information in one clean universe of data that is easy to
access through your Web browser. You not only receive daily reports customized for your
holdings, you can also make individual security requests - via the Web - for any
security at any time. |
