Hargreave Hale Goes Live with Dion's Corporate Action Workflow Solution

According to Dion, the solution allows firms like Hargreave Hale to react to takeover deals and the allocation of further shares more efficiently as the UK Financial Conduct Authority (FCA) has ruled that the failure to notify clients affected by corporate events is unfair.

"Corporate actions can be highly complex to manage. As volumes continue to rise and regulatory pressures mount, manual processes represent an unnecessary headache for us and our clients," says Stuart Brookes, operations director at Hargreave Hale. "We now have instant access to the readable data, which makes processing the events much quicker and easier."

According to Dion Global Solutions, the hosted platform seamlessly adapts to any front- and back-office system, while removing all manual processes, including reporting and updates to books and records.