The aggregation and monitoring of data from a wide variety of sources is a time-consuming process that is susceptible to a raft of potential errors. However, LCH.Clearnet’s corporate actions solution uses a consolidated source of premium, international corporate actions content from Telekurs Financial, whose database of over 2.4 million financial instruments is unparalleled, both in terms of depth and breadth of data coverage. This content is combined with Columba's web-based, knowledge management platform. This customisable platform allows Telekurs Financial’s data and LCH.Clearnet's in-house future events data to be aggregated, manipulated and distributed internally.

Dean Ratcliffe, founder and CEO of Columba, commented; "It was a pleasure to work with Telekurs Financial and LCH.Clearnet. We feel we have delivered a true market-leading solution for corporate actions and indeed other back office transactions."

Beat Koch, CEO of Telekurs (U.K.) Ltd stated: “Telekurs Financial is delighted that once again, our customisable solutions and strong data offering have enabled a partner firm to provide a joint client with exactly the solution they required. We look forward to continuing to work closely with Columba to help other clients in the future.”

For further information contact:

Dean Ratcliffe, Columba +44 (0)207 739 9902 (dean.ratcliffe@columbasystems.com)

Matt Reece, Columba +44 (0)207 739 9902 (matt.reece@columbasystems.com)

Notes for editors:

Telekurs Financial
Telekurs Financial is a company in the Telekurs Group, which operates in the fields of financial information, payment transactions and IT services. As a leader in its field, Telekurs Financial specializes in the procurement, processing and distribution of international financial information for investment advisory services, portfolio management, financial analysis and securities administration.

A global network of local financial market specialists procures real-time stock exchange information straight from the leading financial centres. Containing over 2.4 million financial instruments, the database of structured, encoded securities information maintained by Telekurs Financial and its ten representative offices abroad is unparalleled throughout the world in terms of both depth and data coverage.

As the official numbering agency for Switzerland and the Principality of Liechtenstein, Telekurs Financial is responsible for allocating Swiss security (Valor) numbers. It is a founding member of the Association of National Numbering Agencies (ANNA) and leads the way in introducing standards aimed at simplifying trading and securities administration.

For further information: www.telekurs.co.uk

Columba
Established in 2002, Columba is the unrivalled market leader in the provision of software and international data solutions for the knowledge management of future events information. Uniquely, Columba facilitates the aggregation, manipulation and dissemination of this information, regardless of source. Primarily focused on the financial services industry, the organisation is well financed, has an executive team with a formidable pedigree and a sound client base.