Press Release: July 03, 2019
3 July 2019 (UK) London, Dion Global Solutions (Dion | BSE: 526927), the leading supplier of modular solutions to the Wealth Management industry and a trusted technology partner to banking and financial services institutions across the globe, today announced the official launch of its Corporate Actions Solution. Already live with two pilot customers, the solution is designed not only to make corporate action processing cost effective for the smallest industry participants, but to bring scalable operations to the largest.
“Corporate actions continue to be an area of complexity, manual processing and high risk” according to the interim results of research into corporate action processing, conducted by the financial services consultancy, Compeer.
Dion’s Corporate Action solution is designed to address these challenges by providing a functionally rich solution with the following benefits:
• Reducing risk by ensuring no event is missed or acted upon erroneously
• Ensure compliance through ‘best practice’
• Manage more with less by significant increases in automation
• Provide a better, more efficient corporate actions service to clients and internal parties
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. 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”.
Dion’s Corporate Action Solution’s key 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 to clients and internal parties
• End to end management of elections and resultant instructions
• Optional entitlement processing and reconciliation
• MiFID II reporting of corporate action transactions
About Dion Global Solutions
Dion Global Solutions is a trusted global financial technology company with expertise in building software, solutions for wealth management & asset administration; retail & institutional trading and settlements; FATCA, CRS & other tax compliances; bank connectivity & case management; data lifecycle management platform; and GRC audit. With a presence in 13 cities across 8 countries, we have grown into a leading global financial technology solutions provider. We have over 250 clients in 10 countries supported by a worldwide staff of 300, including more than 200 in product development. For more information, visit dionglobal.com
For further information about Dion’s Corporate Actions solution or to arrange a demonstration, please contact at email@example.com. Alternatively, you can visit our website at https://www.dionglobal.com/corporate-actions-processing.html
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