Information Mosaic puts corporate actions tool up for Biss benchmarking

Source: Biss Research

Biss Research, the exclusive research company offering a unique benchmarking of services and systems in the financial services sector, today announced that Information Mosaic, the global provider of post-trade automation solutions and leader in corporate actions automation, is entering its corporate actions solution, camaTM, into the Biss Corporate Actions Benchmarking in 2010.

Gary Wright, C.E.O., B.I.S.S. Research and creator of the B.I.S.S. business benchmarking concept said: "We are delighted that Information Mosaic has once again shown their commitment to the B.I.S.S. Accreditation. Over the years the benchmarking has mapped their wonderful success in the development of a leading corporate actions system, chosen worldwide by many different types of financial services firm, from asset management to custody. Annual participation has allowed B.I.S.S. to report on how Information Mosaic has continued to evolve its platform to resolve industry issues and greatly enhance corporate actions processing to incorporate flexible delivery models such as ASP. As we said last year, Information Mosaic really sets the pace for the industry. We are confident that their outstanding record will continue this year."

John Byrne, CEO from Information Mosaic said: "The B.I.S.S. Accreditation programme has been an excellent way of raising the standard each year for corporate actions automation. We are confident our commitment to continuous investment and innovation in our corporate actions solution will maintain our position ahead of the curve. We remain committed to our core objective: to provide the industry's most flexible, functionally rich and robust solution on a single breakless platform - engineering out the unnecessary risks associated with reconciliation points."

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