New York-based Xcitek, a provider of corporate actions solutions, is expanding and reorganizing in an effort to grow its business, officials say.
Basel II, increasing merger and acquisition activity and the drive towards straight-through processing have all fueled the growth of corporate actions, says Brendan Farrell, managing partner at the company. As companies begin to handle increased corporate actions volumes, they need automation technology to manage the growth and reduce risk, he says.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails