Source: Trace Financial
Trace Financial, the corporate actions and specialist integration solution provider, is pleased to announce the launch of the latest version of its CAMS Connect product.
CAMS Connect is a turnkey corporate action solution that allows businesses to take the first vital steps towards Corporate Event automation. It is specifically designed to remove the complexities and challenges involved with reference data capture and building the event "Golden Record".
The product benefits from workflow technology and an extremely flexible integration engine (SWIFTReady GOLD accredited for EAI) making risk control and system interfacing simple processes. Inbound notifications can be handled in any format, including ISO15022, and Golden Record data can be exported or interfaced in any desired method. CAMS Connect also features data conflict and matching management, optional holdings reconciliation, diary and alerts and a comprehensive audit log. Additionally there is a risk-free upgrade path to full corporate action automation.
Alan Parsons, Business Consultant at Trace Financial, said "The accessibility of Corporate Action Reference Data in the market now provides a real opportunity for organisations to automate this part of their business. CAMS Connect is a low-risk automation route. Because it deals specifically with the thorny issues of corporate action data capture and system integration it offers an ideal platform for firms to extend STP processing with minimal disruption to business."
Nick Tonge, Sales and Marketing Director, added "CAMS Connect has been developed to bridge the gap in the market between full automation and paper based processing. Trace Financial has always offered solutions that add value to financial organisations through service, flexibility and meeting specific needs. CAMS Connect provides all of these in the corporate actions arena".