It is hard to process Corporate Action events correctly across multiple portfolio managers and multiple securities. For an institutional asset manager, the additional variable of multiple custodian banks makes it a real problem.
To reduce operational, risk, and cost burdens faced by asset managers, InfoTech automates and streamlines two critical corporate actions workflow functions: notifications and responses. Intuitively grouped into two client-configurable modules - Event Management and Response Management-- InfoTech creates a "golden record;" highlights inconsistencies across disparate data sources; captures securities holdings positions; and submits simultaneous election responses to multiple parties, among other risk reduction, instruction, and reporting features. InfoTech is a global securities solution covering all markets, event types, and asset classes.
Until now, some of the pitfalls of vended Corporate Actions solutions have been the time, expense, and technical expertise required by users to install and integrate software and hardware on their premises. As a Software-as-a-Service (SaaS) offering, InfoTech is an online application. Users leverage Toshikatsu Group’s domain expertise, data processing, connectivity and Business Continuity Planning (BCP) infrastructure via direct computer-to-computer linkage and an intuitive, web user interface. As a consequence, InfoTech clients convert rapidly from standing start to production.
Built upon Toshikatsu Group’s renowned messaging platform, InfoTech comes with proven multi-party connectivity to over 2,000 SWIFT and non-SWIFT enabled service providers, including custodians, interested parties, depositories, and market data vendor