Corporate Action

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Corporate Action

Any action a publicly-traded company takes that affects its shareholders and/or bondholders, whether positively or negatively. Common examples of corporate action include stock splits, where the company doubles the number of its shares, and calling bonds, where a company deprives bondholders of coupons to which they would otherwise have been entitled. Corporate actions must be approved by the board of directors and in many circumstances shareholders may vote on the measures as well.
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Information Mosaic will be exhibiting its award-winning corporate actions solution at CorpActions 2010 and distributing two new white papers: "Issues in Corporate Actions Administration: Supporting the Growth in Securities Lending" and "Proxy Voting: Ensuring Complete Transparency through Automated Communication and E-Voting".
TORONTO & NEW YORK -- Citi today announced that its Securities and Fund Services has delivered a key technology component as part of its XBRL Corporate Actions pilot program.
In another corporate actions development, DTCC, along with SWIFT and XBRL US, have successfully developed and mapped XBRL taxonomy to the ISO 20022 message formats.
Research, the exclusive research company offering a unique benchmarking of services and systems in the financial services sector, today announced that Information Mosaic, the global provider of post-trade automation solutions and leader in corporate actions automation, is entering its corporate actions solution, cama(TM), into the B.
LONDON, April 16, 2010 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be exhibiting at CorpActions 2010, Europe's premier corporate actions event on April 23 at The Grocers' Hall, City of London.
NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) today announced it will launch a pilot program testing new ISO 20022 corporate actions announcement messages and its new browser-based user interface with five leading corporate action users on April 25.
NEW YORK, June 17 /PRNewswire/ -- The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US today announced the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors to receive information on such corporate actions as mergers, dividends, stock splits and other events in a more timely, accurate and less costly way, directly as specified by the issuer or offeror.
The benchmarking showed that cama(TM) can bring terrific operational efficiency, realistic risk reduction and improved compliance for client protection and is an outstanding corporate actions system.
As corporate actions increase in complexity, it's imperative that reliable automated systems are in place.
LONDON and NEW YORK, November 10 /PRNewswire/ -- Information Mosaic, the trusted global provider of advanced custody, asset and wealth management solutions to the investor services industry, today announced that its corporate actions solution, cama(TM), has won the Banking Technology Readers' Choice Award for Best Corporate Actions Automation Product or Service.
financial services firms that are now responsible for reporting basis on foreign corporate actions.
NEW YORK, May 13 /PRNewswire/ -- Information Mosaic, the global provider of post-trade automation solutions, will be joining a case study panel at SIFMA Global Corporate Actions Forum on May 21, 2010 in New York, to detail the best practice model for processing a recent complex corporate action.

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