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Trace Financial and Goal in corporate actions pact

17 April 2003  |  3094 views  |  0 Trace Financial and Goal in corporate actions pact

UK-based Trace Financial is to integrate its corporate actions mangement system (Cams) with the Global Tax Reclamation System (GRTS) from tax solutions vendor Goal.

Trace Financial says it has forged a working partnership with Goal to extend levels of automation in corporate actions workflow processing.

Goal's flagship GTRS package automates the process of reclaiming cross-border withholding tax on securities earnings, a crucial part in the cycle that is managed and controlled by Trace Financial's Cams software.

Stephen Everard, managing director, Goal, says: "It is a logical working partnership both in terms of introducing greater efficiencies into the securities management cycle and in terms of company values."

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