Overview
Accurate data gathering and position keeping
Rising volumes of corporate actions, increasing complexity in tracking multi-location owner positions and the tendency for operational activity to be compressed into a few days of the year are placing a strain on the execution and management of corporate action processing. The spreadsheets frequently in use today are no answer for a problem that continues to grow in complexity and scale.
Lifecycle management
Syn
CorporateActions offers a real-time, highly scalable solution for improving the gathering of data, the thorough accumulation of coherent positions and management of complex, corporate actions throughout their lifecycles.
Global view
With SynCorporateActions, operational personnel are kept abreast of positions held, on a global scale, with a real-time picture of which portion of which book or position is held at which locations.
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SynMiddleOffice is a flexible solution design to adapt to the different requirements and definitions that clients may have for their middle office processing, which will vary according to location, instruments and other factors.
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SynBackOffice is the rules-based settlement processing engine, managing trade confirmations and settlements and updating general ledger.
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SynLedger is a multi-entity, multi-currency trading ledger which stores cash postings and maintains cash account balances with a real-time interface to SynBackOffice.
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Features & Benefits
Benefits
- Instant tracking of multi-location owner positions – globally
- Simplifies gathering of clean data
- Real-time accumulation and re-working of coherent positions and open items
- Scales as complexity and volumes grow
- Easy-to-use modelling of unique new processes per market
Key strengths are the ability to track location – depots and depository accounts – within owner position while accumulating and scrubbing information from the data vendors. SynCorporateActions stands out as a tool for not only tracking those positions in real-time but for re-working them, and any open items, instantly too. Only when the information is accurate can the corporate action begin and then Syn workflows are activated to control each process, create and transmit all relevant messages to all parties concerned, throughout the entire lifecycle of the event.
Syn also provides an easy to use environment for modelling new types of corporate actions in multiple markets – keeping your corporate actions processing in step with your dynamically changing business needs.
