CheckFree's eVent automation and workflow solution for corporate actions processing now interfaces with the SWIFT ISO 15022-compliant data feed from CDS Inc., a subsidiary of The Canadian Depository for Securities Ltd., which serves as a premier supplier of Canadian equity and debt entitlements information.
As a result, CheckFree and CDS Inc. are now making quality Canadian entitlement data for the automated processing of corporate actions available to customers worldwide.
The CDS Inc. service uses MT564 Corporate Actions Notification messages over the SWIFT network and CDS' proprietary network. It offers subscribers detailed corporate actions information on the 54 event types used in Canada.