IHS Markit partners with Financial Recovery Technologies
Latest news
IHS Markit partners with Financial Recovery Technologies 08 February 2022United States Reporter: Jenna Lomax
Image: ipopba
IHS Markit has partnered with Financial Recovery Technologies (FRT) to deliver asset servicing capabilities for corporate actions and class actions.
Established in 2008 and headquartered in Massachusetts, FRT offers technology-based services to help firms file claims and collect funds made available in securities class action settlements through eligibility analysis, disbursement auditing and client reporting.
FRT鈥檚 partnership with IHS Markit aims to offer corporate actions data and processing capabilities to FRT clients while enabling IHS Markit clients to leverage securities class action recovery services.
The partnership will leverage IHS Markit鈥檚 corporate actions solution that brings together technology solutions and managed data services that help capital market firms to reduce risk, increase efficiency and enhance service quality by streamlining, optimising and automating the whole corporate actions workflow for all asset-classes and markets.
Ankush Zutshi, vice president of corporate actions and securities processing, IHS Markit, says: 鈥淲ith the increasing complexity, activity and recovery opportunities in class actions globally, we will be able to offer our clients a state-of-the-art governance and recovery solution through this partnership with FRT, helping our clients achieve a comprehensive coverage and maximising their recoveries.鈥�
Rob Rynd, vice president, global head of partnerships and alliances, comments: 鈥淭he trading landscape continues to evolve with increased market complexity, particularly as investing has become more global. We see commonality in our approach to helping our clients with in-depth experts, validated data and greater automation across historically manual processes. It is this data driven digital first approach that makes a difference and has immediate impact.鈥�
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
Image: ipopba 