Best Corporate Actions Platform: SmartStream Technologies

SmartStream takes first place in this relatively new category, first introduced in 2008. Dependable, high-quality corporate actions solutions can be hard to come by, but SmartStream’s corporate actions solutions manage to do just that. Underpinned by a diary-management console controlling all data exceptions, dates and key tasks, the system incorporates risk management, control and flexibility in one integrated event-processing unit. The web-based solution incorporates workflow-based steps to control and manage all user tasks and priorities in real time. Additionally, a predictive diary function allows proactive event and exception management, displaying future tasks and transactions for more effective processing. By consolidating information from hundreds of global sources and automating what is traditionally a manually intensive, paper-based process, the system helps to significantly reduce exposure to financial losses prevalent in the manual processing environment. The corporate actions solutions manager is a scalable solution and can be tailored to satisfy the specific requirements of any organization.

1 SmartStream Technologies (17.5%)
2 Fidelity ActionsXchange (16.8%)
3 DTCC (16%)