Sterci’s GTData wins Innovative Banking Solutions 2012 Trophy

Geneva - 9 July 2012

STERCI’s GTData Corporate Actions product has won a coveted trophy at the Innovative Banking Solutions 2012 event which took place in Paris on 26th June 2012. Appointed one of just seven laureates at this event, Sterci has thus further demonstrated its commitment to continuous improvement through innovation.

The quality of financial data plays a key role in business decisions. With GTData Corporate Actions, clients take control of their Corporate Action files and address what remains a costly manual exercise prone to error.

GTData Corporate Actions reconciles diverse provider flows and converts these flows into a single pivot format to actively handle complex actions sequences. A workflow can be associated with CA files which automatically controls action evolution (for example by sending depository instructions within the specified timeframe). Internal client data can be imported which enables the comparison between depository data and the client’s position. A comprehensive ‘risk at a glance’ dashboard forms part of the product along with a system of alerts to guide users through critical periods in the corporate action lifecycle and to warn users when anomalies are detected.

The solution is configurable and comprises a variety of built-in ‘market intelligence’ functions allowing for a rapid and therefore low cost implementation coupled with a prompt return on investment. Due to its innovative design, GTData Corporate Action characteristics can be readily extrapolated to third party systems to cover other multi-flow and golden copy data management functions.

Innovative Banking Solutions 2012

The Innovative Banking Solutions 2012 event took place on 26th June in l’Espace Etoile Saint Honoré, Paris where members of the banking, assurance, services and consultancy community gathered to review current banking sector issues. The event culminated in a Publi-News awards ceremony where winners of the most innovative banking solutions and services were designated. Publi-News is a banking and assurance professional publications editor, known for its Banking Technology letter and its Point B@nque magazine.

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