The globalization of Capital Markets, increasing complexity of financial instruments and ever-growing cross-border trading activity have made corporate actions processing the most challenging area for back-office securities processing automation. The securities processing firms rely on corporate actions data provided by multiple sources in various nonstandard formats. These issues, both internal and external to the firms, dramatically increase operational risk. Failure to handle a single, complex corporate action can expose a firm to losses that run into millions of dollars.

TCS BaNCS Corporate Actions is an industry-leading, SWIFT Gold accredited solution that enables enterprise-wide corporate actions automation. The solution supports event types and market practices for 40+ financial markets.