The trading or safe-keeping securities such as equities, bonds, and convertibles require automation wherever possible to support the complexities inherent in processing distributions and re-organisations.
The Torstone Platform supports the diarisation of event notices and processing of distributions and re-organisation events from vanilla cash dividends, to complex voluntary events such as Dutch auctions. With support for ISO 15022, ISO 20022 and CSD-proprietary standards, events can be processed into the Platform, entitlements generated, open trades transformed, claims managed and stock or money receipts and payments tracked against the CSDs or custodians before release. Elections can either be captured through the UI or through our APIs for a seamless integration to upstream portals.
With real-time processing and automation wherever possible, the Platform allows you to efficiently manage and support Corporate Actions for your business.
Features
Event Data Management
Entitlement Processing and Calculation
CSD and Custodian Posting
Election and instructions handling
Claim management
Transformations
Withholding Tax calculation
Benefits
Focus on straight-through processing to reduce manual workload
Direct integration with CSDs and Custodians
Flexible real-time integration through REST APIs improve automation and event processing
