DnB NOR to Revamp Corp Actions Processing

OSLO—The asset management arm of Norwegian bank DnB NOR is set to automate corporate actions processing with new systems from London-based software vendor SmartStream and SimCorp, a Copenhagen-based investment management software provider, officials tell Inside Reference Data.

SmartStream's TLM Corporate Actions, a modular package that can cover the complete event lifecycle, and an upgrade to SimCorp Dimension (SCD) version 4.3 will replace a range of manual processes and some technology

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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