Use Case
Manage events impact across funds and apply portfolio manager decisions before deadlines. Efficently support NAV, IBOR and ABOR processes and apply restrictions to reduce operational drag.
100% STP up to the point of decision. Operational tasks are automated against data hierarchy, time and service status to remove manual effort.
360 degree operational views via event driven workflows, dashboards, event containers and reporting. Intervention at any step via exceptions, milestones, custom tasks that are audited and subject to maker checker processes.
Processing is aligned through the event master to eligible entities, accounts, counterparties and interested parties to the bottom level assuring complete processing via an integrated dataset.
Preconfigured for all ISO event types, automated workflows, tasks, reports and interface definitions to shorten implementation periods.
Choose SaaS or on-premise, with full support, upgrades, and SWIFT updates included.
Immediate insight into event changes and their impact on positions to ease operational compression against deadlines and achieve critical event milestones.
Golden Record Management
Automated management of the event, option and movement information. Mastering of data from creation, update and approval from vendor, exchange, the custodian network and service providers to support servicing of the asset.
Position Management
Tracks positions and open transactions in real-time to support event eligibility, trade blocking and reconciliation with custody records via omnibus or segregated accounts. Processing the position entitlements and applying restrictions.
Communications
Automatic or manual communication through the event lifecycle with the custodian / servicer network, beneficial owner and interested parties. Management across SWIFT or directly via ISO 15022 & 20022 messages, email, and letters in accordance with designated profiles, templates and manual updates.
Elections & Instructions
Apply internal and external deadlines to capture elections at the account level for full, partial and incremental election. Capture elections via the portal, message, unstructured data or operator to enable deposit, confirmation and reconciliation.
Entitlement Calculations
Calculation of cash, security, tax and event outcomes for all event types. Accruals are applied on event creation and event updates. Actual records are applied on pay-date or validated upon reconciliation to post to accounting.
Yes, both are fully supported, along with flexible integration options like SFTP, email, fax, and proprietary messaging.
Yes. Smart Actions is built for horizontal and vertical scalability in a real-time architecture.
Yes. The solution supports parameterised configuration by event type, asset, country, market, and account group.
Events are received from multiple sources and automatically matched. The system performs validation and cleansing to ensure a clean, reconciled Golden Record.
Yes. Elections can be applied across individual accounts or account groups, with offsets and full reconciliation.
Yes. Smart Actions can be deployed in a dedicated private cloud environment with 99.5% uptime and full technical support.