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CheckFree eVent interfaces with FT Interactive's corporate actions feed

13 July 2006  |  2038 views  |  0 Source: Checkfree Corporation

CheckFree Corporation (Nasdaq: CKFR) today announced that CheckFree eVent, the company's powerful automation and workflow solution for corporate actions processing, now offers an ISO 15022 compliant interface to FT Interactive Data's corporate actions data feed.

FT Interactive Data, an Interactive Data business (NYSE: IDC), is a leading supplier of financial information to global markets. The combination of FT Interactive Data's ISO 15022 formatted corporate actions data with CheckFree eVent enables greater end-to-end automation of corporate actions processing. With the help of CheckFree eVent, users can receive, process and share corporate actions data without the need to convert to and from proprietary formats, a process that can be time-consuming, processing-intensive and prone to error.

Nat Sey, manager of delivery and infrastructure at Interactive Data (Europe) said, "A combination of CheckFree's and FT Interactive Data's extensive expertise in SWIFT standards ensured a smooth test and, through this alliance, customers will benefit from an anticipated reduction in implementation timescales as well as further enhancements to our corporate actions data services. CheckFree eVent is an attractive offering for firms that want to capitalise on the benefits offered by market data standards such as ISO 15022."

Geoff Harries, director of STP product management at CheckFree Software said, "CheckFree eVent's success is built upon working with key partners to provide solid benefits to our client base. The interface with FT Interactive Data further strengthens our commitment to the ISO 15022 message format and provides our clients with key enhancements which are designed to reduce the potential risk and complexity of corporate actions processing."

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