Automate All Corporate Actions Events, Enabling Prompt Response & Compliance
Complete Solution
With the complexity and volume of corporate action events increasing, the NOVA Corporate Actions provides a centralised and reconciled view of corporate actions across all markets, asset classes or currencies.
Simple & Flexible
The platform allows users to define and create corporate action types and workflow instead of depending on development changes, thereby significantly increasing efficiency and enabling faster time to market.
Events Agnostic
The NOVA platform supports corporate actions from cash dividends, bonus issue, share split, consolidation, interest payment and more
A multi-market, multi-currency corporate action engine, NOVA Corporate Actions provides processing continuity for corporate events occurring in both domestic and international markets. The inherent flexibility of the platform to create user definable corporate action types and workflow significantly increases STP levels of corporate action processing regardless of the market or corporate action type. The NOVA Corporate Actions can be deployed as a complimentary solution with other NOVA modules like NOVA's Exception Queue Monitor, to provide a seamless platform or as a standalone solution.
Corporate Actions
Key Benefits
Key Features
Ability to interface into multiple data vendors for downloading of Corporate Action announcements
Creation of the corporate action event with the ability to support multiple options
User defined multi-currency handling charges
Full reverse / redo functionality
Ability to define Client currency and option preferences
Ability to define unique client documentation: entitlement notices, credit & debit advices
Comprehensive functionality supporting Custody, Claim and Principal Processing Entitlement override and excess entitlement processing with exception alert
Improve Operational Efficiency
with automated Striaght Through Processing and multi tier architecture
Reduce Cost
operate more efficiently, and minimise risk with cloud-hosted infrastructure
Scalable & Future-Ready
with multi tier architecture enabling load balancing and increased security
Lower Security Risks
multi tier architecture that isolates critical data under several encrypted layers
Strong Clearing & settlement
ecosystem with direct interface with all major CSDs across APAC
Improve Compliance
to ever-eveolving regulatory requirements across multiple jurisdictions