Meritsoft launches new asset servicing solution
01 October 2024 UK
Image: wudu_8/stock.adobe.com
Meritsoft has launched a new asset servicing claims management solution, designed to modernise the challenges of coupon and dividend claims operations.
The launch of the tool comes after the company’s introduction of their post-trade automation platform in October 2023 and their settlement solution in May.
The new tool will utilise the post-trade automation platform to provide workflow integration and automate issuance, matching and payment processes.
The solution will also feature real-time dashboards to view and manage open claims.
Daniel Carpenter, CEO of Meritsoft, comments on the solution: “Our solution empowers asset servicing teams globally to move away from the manually intensive processes involved with claims matching and reconciliation and focus instead on the more complex and value-add tasks. For the broader firm, this will equate to lower costs, healthier margins, and an enhanced client reputation.”
The launch of the tool comes after the company’s introduction of their post-trade automation platform in October 2023 and their settlement solution in May.
The new tool will utilise the post-trade automation platform to provide workflow integration and automate issuance, matching and payment processes.
The solution will also feature real-time dashboards to view and manage open claims.
Daniel Carpenter, CEO of Meritsoft, comments on the solution: “Our solution empowers asset servicing teams globally to move away from the manually intensive processes involved with claims matching and reconciliation and focus instead on the more complex and value-add tasks. For the broader firm, this will equate to lower costs, healthier margins, and an enhanced client reputation.”
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