INCOME & CORPORATE ACTIONS

INCA

Optimize Income & Corporate Actions process

  • The corporate actions market is changing and expanding fast.
  • The increasing complexity of the sector requires the use of a relevant number of resources with the inevitable increase of management costs.

Goals of the application:

  • Reduction of manual operations
  • Online and real-time processing of corporate actions transactions
  • Reduce operational risks with improved transaction controls
  • Flexible software to support future functional requirements
  • Fully compatible on ISO 15022 and ISO 20022 standard

Components:

  • Notification management (capture and normalization from multi provider)
  • Data cleansing
  • Automatic authorization
  • Confirmation management and reconciliation
  • Entitlement generation
  • Event management
  • Output production
  • Position management and reply

Main functionalities:

  • Flexible and dynamic event definition
  • Standing instructions
  • Simulation of result, advice preview, etc.
  • Client advice and automatic and manual reply management
  • Generation of stock exchange order
  • Dynamic management of commission and fees
  • Securities and financial accounting interface
  • Calculation of withholding tax according single country rules with and without double treaty
  • Security lending/borrowing
  • Reporting
  • STP (Straight-Through Processing)
  • We have developed a new modern and flexible application to manage corporate action events.
  • The INCA (Income & Corporate Actions) product is built as an independent application, running on a dedicated server and communicating with the Host System.
  • INCA uses a completely user-definable workflow model to adapt to the needs of the market.
INCA3