Vereisten MiFID II verhogen transparantie en accountability voor 1 mrd. dollar aan jaarlijks misgelopen waarde voor investeerders
LONDEN–(BUSINESS WIRE)– SCORPEO, het financiële data- en technologiebedrijf kondigt zijn nieuwe applicatie Corporate Actions TCA™ aan. De applicatie stelt vermogensbeheerders in staat inzichtelijk te maken waar kansen op waardeverhoging worden gemist binnen hun portefeuilles.
TCA is uitgegroeid tot essentiële tool voor transparantie, door investeerders toegepast bij verschillende typen activa, zoals aandelen, fixed income en buitenlandse valuta. Het hulpmiddel is universeel ingezet, maar tot nu toe was er weinig aandacht voor de waarde bij stemmingen over verrichtingen op effecten (corporate action).
SCORPEO announces Corporate Actions TCA™ for Investment Managers
MiFID II reporting requirements increase transparency and accountability on $1BN in missed value each year for investors
LONDON–(BUSINESS WIRE)– SCORPEO, the financial data and technology company announces its new Corporate Actions TCA™ application to enable investment managers to identify where significant value is being missed in their portfolios.
TCA has become an essential transparency tool for investors across asset classes including equities, fixed income and FX, and has been universally adopted but until now there has been little focus on the value in corporate action elections.
“Under MiFID II, investment managers must report on corporate action decisions for the first time which creates transparency and accountability on the impact these decisions have on investment returns.” says Matt Ruoss, CEO, SCORPEO UK. “Utilising our extensive data and working with our clients, we are pleased to have launched the first ever such TCA analysis for corporate actions.”
With over $1BN missed on scrip dividend elections every year, we have seen growing demand from clients who want to identify performance gains. The launch of our web application makes the data analysis easily accessible for clients, who can now login and create reports to see where value is being missed.
“Investment managers have mandates to maximise returns for their clients. Eliminating sub-optimal decisions is important for investment managers in terms of aligning fiduciary responsibilities and performance. SCORPEO Corporate Actions TCA™ is a vital report for asset owners and fund managers providing the transparency they need to meet reporting obligations.” comments Jonny Ruck, CEO, SCORPEO US.
For more information please visit: www.scorpeo.com/scorpeo-corporate-actions-tca/
SCORPEO specialises in identifying and capturing the value embedded in Corporate Actions through market leading expertise and technology. SCORPEO provides services for global investors to help reduce the billions of dollars of value being missed across the industry every year. With over one million corporate actions occurring annually – many of which require an election – making the optimal decision and capturing the full economic value is not easy. SCORPEO’s unique data and technology provides the solution to improve fund performance and drive investor returns. www.scorpeo.com