Corporate Actions Suite

Our Corporate Actions Suite is a suite of solutions that provides financial institutions, accounting and legal professionals with detailed and accurate corporate action taxability information for portfolio and tax lot accounting, cost basis and withholding tax compliance. Rely on a staff of attorneys and accountants with more than 200 years of combined tax and legal experience to monitor the corporate actions that matter the most to you.

Key features:

• Highly detailed and accurate corporate action taxability information
• Automated corporate action taxability for all US and foreign equities, based on customer securities of interest
• Timely cost basis and fair market value information
• One stop shopping for all publicly available Form 8937s
• Historical corporate actions
• Cost basis calculator

Problems solved:

• Lack of staff members to devote to monitoring corporate actions and their tax implications
• Risk due to failure to book a transaction or inaccurately booking a transaction
• Costly mistakes due to lack of understanding of the tax consequences of corporate actions
• Time-consuming processes
• Need for operational efficiency in tracking corporate action tax consequences
• Difficulty incorporating basis related adjustments into operations portfolio accounting systems