SS&C GlobeOp

SS&C GlobeOp voluntary corporate action service

SS&C GlobeOp’s Voluntary Corporate Action Service reduces costs, streamlines workflow
and mitigates the risks inherent to processing of voluntary corporate action events.

Managing the workflows and lifecycle for voluntary corporate actions
is a persistent pain point. Institutional asset managers are responsible
for complete, accurate and timely processing of voluntary corporate
action events. Corporate action events are increasingly frequent and
complex. Voluntary corporate action processing typically has been
a highly manual, resource-intensive and high risk endeavor.
SS&C GlobeOp’s Voluntary Corporate Action Service employs
innovative straight-through processing technology, combined with
best of breed data and a world class global service team, to streamline
operations and provide stakeholders with a complete activity and
document trail throughout the lifecycle of voluntary corporate action
events – from initial announcement through to final settlement.

ssctech.com
Technology-driven automation and controls are essential to
scalability. SS&C GlobeOp systematcally ensures the integrity
of voluntary corporate action event processing using ISO-
compliant technology that:
• Automates corporate action notifications, election instructions,
acknowledgments and confirmations to/from custodians via SWIFT.
• Aggregates data from multiple market data vendors
for enrichment and event reconciliation.
• Tracks all stakeholders’ activities against event deadlines.
• Maintains all documents related to each event and all
affected accounts.
• Provides transparency through SS&C GlobeOp’s client portal.
Rigorous oversight of the entire lifecycle of voluntary corporate
action events is required to ensure timely and accurate coordination
among multiple parties, including custodian/prime broker banks,
portfolio management and investment operations teams.
SS&C GlobeOp’s specialized voluntary corporate actions group:
• Reconciles notifications from custodians with third party vendor
data sources.
• Chases custodians for notifications, acknowledgments
and confirmations.
• Follows up with clients to ensure timely delivery of event
elections to custodians.
• Applies clients’ standing instructions to treatment of selected
voluntary event types.
• Reviews application of entitlements to portfolio accounting
system (where applicable).
SS&C GlobeOp’s Voluntary Corporate Action Service overcomes
operational challenges and delivers solid ROI to investment
institutions. This comprehensive technologydriven service enables
clients to scale their business, maximize opportunities, minimize
risks and reduce costs.
ssctech.com  |  solution@sscinc.com
© 2017 SS&C Technologies Holdings, Inc. PS-270-01