Markit Adds XSP Corporate Actions Data

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UK-based financial information provider Markit is integrating corporate actions automation provider XSP's Headline Indices function through XSP's v5 index calculation platform, in an arrangement officials say makes it easier to feed corporate actions information into client portfolios.

"If a client has a bespoke universe, we're able to identify specific corporate actions for the stocks within that universe, and process that information through to the portfolio we manage on their behalf," says Pa