Fortis Securities Signs with Xcitek

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Jersey City-based investment manager Fortis Securities has licensed global corporate actions data from Xcitek, the vendor will announce today, Monday, Aug. 2.

Currently, the data is only available to Fortis employees in the US. However, Xcitek executives say they could provide the technology to allow Fortis to distribute the data to clients as well.

Fortis is subscribing to the data, which includes mergers, stock-splits and spin-offs, through Xcitek’s Portfolio Tracking Service, which is acc