Citi Readies Corporate Actions Data Service

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Citi's asset servicing unit is preparing a new corporate actions data service that it will implement in some markets in October, according to John Kirkpatrick, managing director, global asset servicing at Citi in London.

Event Master Central (EMC) will receive corporate actions data feeds from local markets and global data vendors, scrub the data, produce a golden copy and share that across the Citi organization, says Kirkpatrick.

"The purpose is to improve client service and also remove duplica

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