KBC Asset Management, the Dublin-based offshoot of the Belgian banking group, is to implement HelioGraph's corporate actions processing solution eVent.
The corporate package will be deployed alongside the vendor's TradeFlow STP platform, which KBCAM has been using for electronic trade confirmation for the past two years.
eVent is designed to automate the whole corporate actions process and allows users to monitor and manage the progress of each event from start to finish.
John Caplice, IT programme manager at KBC Asset Management Limited, says: "The risk reduction offered by eVent was, in itself, enough to convince us of the enormous value of the product."
Other eVent customers include MFS Investment Management and Commerzbank.