CheckFree Receives SWIFTReady Gold Corporate Actions Accreditation
CheckFree’s eVent solution for corporate actions processing has received the 2007 SWIFTReady Gold Corporate Actions accreditation. This is the fourth consecutive year that this solution has been granted this accreditation. CheckFree eVent is a modular, workflow-driven solution designed to minimize corporate actions processing risk. It is ISO 15022 compliant and features data capture from multiple vendor sources, custodians, prime brokers and agent banks, rules-based scrubbing tools, a workflow management module and full entitlement processing. Using client-defined queues and user views, tasks and exceptions are automatically routed to the appropriate designated parties for the required action. The solution also offers the functionality to manage client event notifications and election responses through both its ISO module and web-based component. Using these tools, instructions are automatically captured and updated to the back-end systems for reconciliation and entitlement processing. All external communications can be implemented and streamlined using the SWIFT ISO 15022 message suite for corporate actions.