ADP Moves into Corporate Actions

OPERATIONS

ADP Brokerage Services Group plans to launch Corporate Actions System, a component of its Brokerage Processing Services (BPS) product, at the SIA show this week.

Corporate Actions System allows users to enter elections on corporate actions activity—such as a merger or dividend announcement—directly onto their desktop. That real-time data is then integrated directly with the BPS engine, which automatically updates books and records for the client. BPS is a back-office system that supports the

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