Replacing manually-intensive corporate actions processing is one method to managing risk and controlling back office costs. Corporate actions can be highly complex and as volumes continue to rise, manually-based processes represent a greater risk to the institution.
SmartStream’s TLM Corporate Actions software solutions deliver a streamlined, automated approach to complete, timely and accurate event processing. Its rules-based approach provides accurate calculation of entitlements.
TLM Corporate Actions software delivers:
- Increased clarity and predictability across the entire corporate actions event management process
- Enhanced operational risk control through a unique integrated lifecycle approach and diary interface, eliminating manual intervention and reducing the possibility of a single point of processing failure
- Improved predictability across the entire corporate actions event management process, providing control from data capture to settlement, enabling more effective position monitoring
- More cost-effective operations through the elimination of manual processes and more efficient use of back office resources
- Lowered risk exposure through real-time identification of exceptions and workflow-based resolution of errors
- A reliable Golden Record through the rapid capture, cleansing and distribution of data, regardless of source or format
- More accurate calculation of entitlements, generating the correct transactions to create more efficient and proactive operations
