Solutions
Industry Solutions
Financial Services
Account Opening Process

Corporate Actions Automation

Business Applications
The solution
The solution allows the combination of various sources which are internally normalised into a common standard based on ISO15022.

The golden message is generated as a fully validated and quality assured message with possible restrictions based on matching results. It is possible to combine settlement messages with pending corporate actions and either reject the settlement or raise a settlement specific alert. Should a corporate action have passed a type specific deadline, the system can raise an alert and flag the message as urgent. The GUI allows searching for specific corporate actions and browsing of all relevant messages received. It is possible to manually override system decisions.

Background
Instead of trying to match multiple corporate action messages at once, the system is electing a golden message in multiple steps. The first corporate action concerning a certain event will automatically receive the status of the golden message. Any new message concerning the same event will be compared with the existing information. Based on configuration, the system gives preference to messages of certain sources for specific regions, instrument types or contractual agreements.

Some mismatches result in overwriting the golden message, filtering out part of the golden message, raising an alert, distributing updates or routing the information into a GUI requiring a manual decision. In any case, an audit log traces the complete information process of each event.
The GUI can be used to selectively override any automatic decision. The messages are all available for browsing and categorised according to their events.

Not just SWIFTNet
Although SWIFTNet will provide many useful and critical applications, it will remain necessary to communicate with systems on other networks and supplied by other service providers. Incentage provides you with the flexibility to have a true single window. You will be able to connect to proprietary networks or inhouse systems in a flexible rules driven way while also benefiting from the services provided on SWIFTNet.

Further information:

> Overview
> The problem
> The solution
> Business benefits

Further documents:
Management summary
Solution overview

Contact information:
> Zurich office
> General information request

In cooperation with:
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