Incentage enhances effectiveness in handling corporate action processes with a pre-configured and easy to use solution
The issue
The handling of corporate action events offers many possibilities to waste money, to risk missing a deadline or simply to make a mistake.
Existing corporate action solutions have grown complex and are expensive, but they still lack the proper support of decision makers to efficiently receive and review corporate action announcements, including returning responses and voting instructions.
A lack of flexibility in the systems prevents adapting the process to new requirements. New financial instruments will emerge and new markets will open up, resulting in new types of corporate actions. The corporate action solution has to enable the user to be agile and flexible in responding to these developments, to mitigate risks, to enhance service delivery and to stay ahead of competition.
The solution
The Incentage corporate action solution is a “lightweight” solution that is very simple to install, to maintain and to use. It addresses the critical workflows required for efficiently receiving and reviewing corporate action announcements and submitting responses and voting instructions.
Streamlining this process helps to increase the quality and efficiency and to achieve straight-through-processing along the way to a paperless office environment.
The Incentage corporate action solution can supplement any existing back office or depository application or support your existing manual or semi-automated processes in a state-of-the-art and independent way.
Benefits
- Pre-configured solution with very low integration costs
- Cost reduction of up to 50% of the actual costs for identical processes (confirmed by clients)
- Simple, easy to handle but highly efficient solution
- Shields existing applications (if required)
- Very low maintenance costs
- Multi-entity capability for additional cost optimisation
- Reduces processing times and manual handling errors (down to zero)
- Automatic corporate action type allocation (corporate action events, general meeting, miscellaneous) with additional configurable message splitting
- Automatic matching of messages in the flow
- Automatic response generation
- MT568 matching and manual handling
- User roles grant access to grouped data or even single messages
- Easy manual handling including configurable 4-eyes authorisation
- Definable manual flows
- Definable search criteria
- User definable search result list (displayed semantics)
- Very efficient bulk operations, also in relation with manual handling
- Complete message display with simplified message handling and editable fields on top
- State-of-the-art integration capabilities
- Very short project time
- Platform neutral with web-GUI
