Dion launches corporate actions solution 03 July 2019London Reporter: Jenna Lomax
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Dion Global Solutions has launched a corporate actions solution to make corporate action processing cost effective for the smallest industry participants and to bring scalable operations to the largest.
Dion’s corporate action solution is designed to address the reduction risk by ensuring no event is missed or acted upon erroneously.
The solution also aims to provide a better, more efficient corporate actions service to clients and internal parties, ensuring best practice.
Its functionalities include management of notifications from a single or multiple source, diarisation of events and their related tasks, digital dissemination of event information and tasks as well as end to end management of elections and resultant instructions.
The solution also offers optional entitlement processing, reconciliation and the second Markets in Financial Instruments Directive reporting of corporate action transactions.
Kean Williams, COO of Dion Global Solutions, said: “We are very excited to be in a position to solve the industry wide problem of corporate actions processing.”
He added: “We hope to assist all industry participants, regardless of size, geography or nature of business, to gain the benefits available through the application of modern systems. We have undertaken a lot of research in this area and believe we can deliver business benefits, with a total cost that is attractive to all”.
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