Sharefunds Appoints ValueLink for Price Validation and Corporate Actions
18 November 2010
ValueLink Information Services, the supplier of validated financial data solutions, has announced a major new client win. Following a comprehensive period of analysis, Sharefunds Limited, (part of the Share plc group) selected ValueLink’s Price Validation and Corporate Actions service for their mid-day valuations.
ValueLink provides Sharefunds: with global pricing data across all instrument types. They will deliver five (5) daily bespoke reports alongside the validated mid-day pricing files. ValueLink tailored their service to include corporate actions from Sharefunds’ vendor of choice to offer them a complete solution. For Sharefunds this consolidates the data collection and validation process, saving time and resources. This client-focused service demonstrates ValueLink’s flexibility in accommodating individual needs and simplifying the entire data collection and validation process.
Stephen Choate, CEO at ValueLink commented: “We are delighted to welcome Sharefunds as a new client. We have worked with them for some months in order to deliver a solution which met their specific requirements. We are particularly pleased to have developed with them a tailored data collection structure incorporating the specific Corporate Actions vendor they requested in a relatively short period of time. This is another example of ValueLink’s rapid IT development capacity and of our teams’ unique ability to provide clients with bespoke solutions to match their demanding requirements.”
Steve Wyatt, Chief Operating Officer at Sharefunds:, replied “As an industry leader in fund administration, we recognised the importance of dual feed validation. We chose ValueLink because of their stringent validation procedures. Their flexible service enabled us to specify our bespoke requirements to collect and collate pricing data and adding industry-leading corporate actions data from our vendor of choice into the service brings us further significant advantages. This streamlines our operational procedures in house by removing the time consuming collection and validation of data from multiple sources which ValueLink now will do on our behalf."