Information Mosaic to Showcase Extended Business Benefits of Corporate Actions Automation at CorpActions 2010

LONDON, April 19, 2010 /PRNewswire/ --

- New Areas for Automation Such as Proxy Voting and Securities Lending to Take Centre Stage

- Standards and a Reduced Tolerance for Operational Risk to Drive Industry Discussion at Corporate Actions Event in London

Information Mosaic, the global provider of post-trade automation solutions, will be exhibiting at CorpActions 2010 on the 23rd April 2010 in London. Key Information Mosaic customers will be taking the stage to debate the risks and opportunities firms face in developing global corporate actions strategies such as processing cross-border investments, tackling proxy data and managing risks associated with manual intervention.

Information Mosaic is a recognized market leader for corporate actions automation, winning the 2009 European Banking Technology Readers' Choice Award for best corporate actions solution and achieving record scores in B.I.S.S. 2009 corporate actions benchmark tests.

At the event, the company will be championing the importance of standards and how the increasing scope of corporate actions automation will bring new and exciting business benefits and opportunities to financial markets firms. Information Mosaic argues that emerging trends such as shareholder activism will see increased demand for proxy voting automation and similarly the growth in securities lending will see a drive to manage risk and support this growth through corporate actions automation.

As one of the only vendors involved in the development of the new SWIFT ISO 20022 standard, Information Mosaic has long seen the value of standards such as XBRL and ISO 20022 for facilitating the automation of corporate actions communications, improving quality, accuracy and timeliness of data, and mitigating risk. With an expected cross-over period of support for ISO 15002 and ISO 20022, Information Mosaic is committed to providing clients with the flexibility to maintain multiple standards as necessary.

Information Mosaic will be exhibiting its award-winning corporate actions solution at CorpActions 2010 and distributing two new white papers: "Issues in Corporate Actions Administration: Supporting the Growth in Securities Lending" and "Proxy Voting: Ensuring Complete Transparency through Automated Communication and E-Voting".

About Information Mosaic

Information Mosaic is a trusted global provider of advanced post-trade automation solutions to the securities industry, to include custody, asset servicing, private wealth, asset management and investment banking. The company is a recognized market leader for corporate actions automation, winning the 2009 European Banking Technology Readers' Choice Award for best corporate actions solution and achieving record scores in B.I.S.S. 2009 corporate actions benchmark tests.

Founded in 1997, Information Mosaic currently supports the post-trade operations of over 60 financial institutions worldwide. The company has a proven track record of helping financial institutions transform post-trade operations, enabling them to enter new markets, improve customer service and reduce the risk and cost associated with volume and complex processing. Information Mosaic's breakless post-trade automation platform removes reconciliation points and therefore reduces risk and cost for all core post-trade services including corporate actions, securities settlement, trade, portfolio and cash management.

The company supports its global customer base from offices in Dublin, London, Luxembourg, New Delhi, Singapore, Melbourne and New York.

    For more information visit: http://www.informationmosiac.com

    For further information:
    Nicola Garvin
    +44(0)20-3100-3586
    [email protected]

SOURCE Information Mosaic

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