M&G implemented an upgrade of Trace's latest version of CAMS following the successful use of earlier versions for a number of years. Jason Gish, FMA Manager - M&G Equities, commented, "A key initial selection criterion was the overall flexibility to tailor the product to our own needs, thereby reducing risk across Corporate Action processing. Trace was able to fulfil all our requirements, particularly in the Front Office monitoring and decision making areas."

CAMS is a comprehensive, flexible corporate action solution covering the full event lifecycle. It provides STP at any required business level by using workflow technology coupled with an extremely flexible integration engine (SWIFTReady GOLD EAI accredited). The key benefits of risk control and system integration are delivered simply and effectively.

Linda Letch, Director of Business Consultancy at Trace Financial, commented, "We are delighted that M&G are live with the latest versions of CAMS and with their continued support of the product. Trace Financial are continuing to invest heavily in CAMS to maintain the strength of our position in the market place and deliver the breadth of functionality that is required by Corporate Actions departments".