FMDS Synchronizes Class Actions Data

Strapline: Data Management

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Data management services provider Financial Market Data Services (FMDS) has launched a comprehensive class action service that organizes and distributes data concerning class action cases within the corporate actions field.

The FMDS service obtains class action data from SIX Telekurs and uses the data processing capability provided by transfer agent Colbent Corporation to produce class action notifications. As a result of such notifications, financial institutions can turn what has been a cost c