For the first time VDF corporate actions information can be mapped directly to a customer’s business system through the Trace Financial Transformer application using a data dictionary approach. Transformer is Trace Financial’s next-generation software solution for institutions working with complex financial message standards. Transformer provides dictionaries of any message standard (e.g. ISO 7775, ISO 15022, ISO 20022, CREST, TRAX1, TRAX2, FIX v4.0 through v4.4, VDF, etc.) along with the ability to translate, enrich, validate and deploy in any technical architecture. Using Transformer hugely simplifies implementation and maintenance as well as reducing testing times and change-management risks. Effort, cost, risk, quality and time-to-market are all very significantly improved.
Telekurs Financial’s corporate actions data is also fully available within the Trace Financial CAMS Product suite, providing a market standard solution for automated corporate event processing from the announcement stage right through the whole business event lifecycle.
The CAMS Product suite consists of:
CAMS Connect, a quick-start, entry level Corporate Actions solution that allows the business to take the first vital steps on the automation path; and CAMS which delivers full automation of corporate action processing bringing the business into the STP environment. Both products benefit from workflow technology and an extremely flexible integration engine (SWIFTReady GOLD EAI accredited), making risk control and system interfacing simple processes.
Beat Koch, CEO of Telekurs (U.K.) Ltd stated: The work we have done to deliver VDF data through the Transformer product, is further evidence that Telekurs Financial’s work with global technology solutions providers and our investment in supporting the ISO15022 standard is paying real dividends for clients around the world. Telekurs Financial is committed to supporting its clients and continuing to develop the VDF feed which is used to deliver the high class data that the company has provided for almost eighty years. The company will continue to take into account ongoing changes to the evolving standard, as well as other ISO compliant standards.”
John Murphy, Managing Director of Trace Financial said: The Telekurs Financial VDF data feed is the leading comprehensive reference data and corporate action feed which can now be integrated seamlessly with a client’s own internal systems using Transformer’s exceptional and proven capabilities. We are delighted that Telekurs Financial now recommend our technology to significantly improve the ease of integration for the benefit of our mutual clients’ business.”
Trace Financial
Trace Financial is a wholly owned subsidiary of FTSE listed Trace Group plc. The business’s expertise is providing solutions in Corporate Actions automation, Settlement and ETC STP, and message integration, transformation and delivery within the Financial Markets arena. The company’s portfolio of leading edge products includes CAMS and CAMS Connect: providing comprehensive alternative solutions for Corporate Action processing and messaging; Transformer: a unique message transformation application and toolkit; Cloverleaf® finance: a comprehensive message broker and integration toolkit; TRAFIC: a leading CREST, ETC and SSE application; and Message Monitor: a highly configurable GUI for message view, repair and authorisation. Trace Financial designs, implements and supports innovative and practical STP and EAI solutions that deliver real business benefits utilising industry standard technologies and platforms. All solutions are backed up by unparalleled service and support capabilities, and outstanding partnerships with its customer base.
Telekurs Financial
Telekurs Financial is a company of the Telekurs Group which operates in the fields of financial information, payment transactions and IT services. As a leader in its field, Telekurs Financial specialises 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 2.9 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 standard aimed at simplifying trading and securities administration.
For further information: www.telekurs.co.uk
