J.M. Finn Employs Radica CAPS System for Corporate Actions Processing

LONDON - J.M. Finn & Co., an independent UK stockbroker, has purchased the Radica CAPS 4 corporate actions processing system from the banking and securities software provider Mondas in a six-year deal worth £300,000.

J.M. Finn had been managing its corporate actions via a manual process of calendars, emails and spreadsheets, according Harvey Colborne, head of marketing at Mondas.

Radica CAPS will provide the stockbroker with an automated system to support equities and fixed-income corporate ac