Nicholas-Applegate Automates With Xcitek

OPERATIONS

Nicholas-Applegate Capital Management has selected XcitekSolutionsPlus to automate its corporate actions data processing, the vendor announced last week.

NACM will go live this week with Xcitek’s automated XSP software solution in an effort to improve the efficiency and accuracy of its corporate actions processing, which was previously done manually.

NACM says it selected Xcitek for its commitment to the corporate actions business and for price efficiency.

The XSP implementation includes Swift mess