SIX Financial Information offers time savings with fully web-based corporate actions data
SIX Financial Information emphasizes its dedication to providing an innovative and targeted ASP solution to the financial industry with the new release of the VDF Event Diary. Back office professionals are able to even more quickly and effectively track and analyze corporate action related events within the Valordata Feed (VDF).
The new VDF Event Diary 5.0 comes with a wide range of new features based on industry feedback. One important extension is the possibility to search and filter for detailed tax information like the final withholding tax, financial transaction tax, EU interest income taxation and local taxes per market.
“Because the sheer volume of corporate actions keeps increasing exponentially, we are focused on ensuring that our clients can save precious work time by having the possibility to filter and focus on assets that matter to them. Early tests with global clients have shown that this solution along with our award winning corporate actions andreference data is the right combination the industry is looking for,” said Markus Christ, Head Product Management and Marketing Solutions, SIX Financial Information.
Another important feature allows clients to work on different portfolios and sub-portfolios within the VDF Event Diary. Each customer can define multiple sub-portfolios based on their own instrument universe. In addition, business users can use the filter to focus on the corporate actions that are the most relevant to them.
The VDF Event Diary offers a global perspective on corporate actions and relieves its clients from the substantial investments in complex projects, software and hardware often associated with Corporate Actions, so that clients can fully focus on the high quality business data of their interest.