ADP Wilco, Mondas and TCS (Tata Consultancy Services) confirmed for CityCompass Corporate Actions Benchmarking Forum

London, UK 21 May, 2003 – CityCompass, the independent facilitator of contemporary market issues effecting the financial services sector, today announced corporate action suppliers ADP Wilco, Mondas, and TCS (Tata Consultancy Services) have confirmed their participation in this unique benchmarking forum, to be held in London on 24th June.

The benchmarking process for corporate action offerings has been developed after consultation with a number of end user companies who have expressed a desire to understand how to measure the multitude of complex offerings in today’s market against their specific needs. "Let’s cut through the marketing hype" was a common request and one that is heard increasingly by consultants and integrators working with organisations keen to take advantage of automating the corporate actions process.

Gary Wright, Director of City Compass and creator of the benchmarking concept stated "The event has already proven its value by drawing such quality corporate action suppliers to this open forum with some more in process. This proves the confidence of the vendors with real CA systems and establishes the first benchmark. From the requests and feedback from the end user community, I believe we have created an excellent forum for understanding the complications of corporate actions processing and assessing the market ready solutions which are meeting those needs. I am also delighted to report a number of early registrations from the end user community."

Given the interest and market need, CityCompass has committed to making this an annual benchmarking forum in order to monitor changes in end user needs and track the performance of the solutions in the market over time.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development