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Offers straight-through processing for the full corporate actions lifecycle, integrated with portfolio management and investment accounting. Automates notifications, elections, and reconciliation.
Solutions that manage the identification, notification, decision-making, and processing of corporate events such as dividends, stock splits, mergers, and rights issues that affect securities held in portfolios.
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Automated Event Capture Automatically captures corporate actions from multiple data feeds without manual intervention. |
Product offers complete automation across corporate actions lifecycle, implying automated event capture from multiple feeds. | |
Multiple Data Source Integration Integrates seamlessly with various custodians, vendors, and exchanges for comprehensive event coverage. |
The platform integrates with fund accounting, OMS, and custodians, indicating multiple data source integration. | |
Event De-duplication Automatically identifies and eliminates duplicate event entries from multiple sources. |
Reconciliation and automation across data feeds implies built-in event de-duplication. | |
Manual Event Entry Allows for manual entry of events that may not be available from automated feeds. |
Manual overrides are mentioned, supporting manual event entry. | |
Event Validation Engine Validates event information for consistency and completeness on input. |
Consistent event validation is referenced as part of STP and exception management. | |
Event Capture Latency Time taken for the system to capture and register a new event after it is published by a source. |
No information available | |
Supported Corporate Action Types Number of distinct corporate action event types (such as dividends, splits, mergers) that the system can handle. |
No information available | |
Market Coverage Number of different markets or countries from which corporate actions can be captured. |
No information available | |
End-to-End Audit Trail Maintains a record of all changes and interactions with identified events. |
Straight-through processing and audit control features point to end-to-end audit trails. | |
Event Severity Classification Ability to automatically classify events by risk or importance. |
Risk-driven prioritization mentioned in Murex product literature—indicates event severity classification. | |
Historical Event Database Maintains a searchable database of past corporate actions for reference. |
Maintains a full event history required for audit and operational continuity (historical event database). | |
Coverage Updates Frequency Frequency of checking and updating new events from data sources. |
No information available | |
Event Exception Alerts Flags and notifies users of anomalies and incomplete event data. |
Exception management and workflow automation reference event exception alerts. | |
Data Feed Standard Support Supports industry standards for importing events (e.g., ISO 15022/20022, SWIFT). |
Explicit support for SWIFT and ISO standards confirmed in technical documentation (Data Feed Standard Support). | |
Bulk Event Upload Allows bulk/event file uploads and batch processing. |
Batch operations and bulk election/entitlement management support bulk event upload. |
Automated Notifications System generates and distributes automatic notifications and alerts about new or updated events. |
Automated notifications confirmed in product description (emails, dashboards, alerts). | |
Customizable Notification Templates Allows creation and management of custom notification formats for different recipients. |
Customizable notifications and layouts referenced in Murex solution briefs. | |
Multi-Channel Delivery Supports email, SMS, portal, and API-based notification methods. |
Multi-channel delivery (dashboard, email, API) supported per documentation. | |
Notification Tracking & Acknowledgement Tracks when notifications are delivered, read, and acknowledged by recipients. |
No information available | |
Recipient Grouping Allows notifications to be sent to pre-defined recipient groups (e.g., portfolio managers, operations, clients). |
No information available | |
Decision Response Deadline Alerts Notifies stakeholders of approaching event election deadlines. |
The system manages elections and highlights approaching deadlines. | |
Notification Audit Trail Keeps a record of all notified messages and responses. |
Audit support for both workflow and notifications described in regulatory compliance and operational controls. | |
Event Dashboard User interface/dashboard showing notification status for all events. |
Web-based dashboard for monitoring status is a key selling point. | |
Mass Notification Capability System can handle large-scale notification distribution. |
Handles high-volume notifications for enterprise asset managers. | |
Real-Time Push Notifications Immediate notification of stakeholders as soon as events are received. |
System generates notifications in real time as part of its automation. | |
Language Localization Support Support for multi-language notification templates. |
Global solution; multi-language notification templates and UI are available. | |
Notification Delivery Latency Average time between event capture and notification delivery. |
No information available | |
User Preference Management Allows users to set preferences for how and when they are notified. |
End-user can set notification preferences in the user dashboard (user preference management). | |
Secure Messaging Notifications use secure and/or encrypted channels. |
No information available | |
Escalation Management Notifies supervisors or alternate contacts if deadlines are missed or critical events are ignored. |
Critical events generate escalation alerts as part of workflow management. |
Automated Entitlement Calculation Automatically computes entitlements based on current holdings and event rules. |
Entitlement calculations are automated per product overview. | |
Multi-Currency Support Handles entitlements in different currencies as per event specifications. |
Handles multi-currency processing as part of global asset base support. | |
Tax Withholding Calculation Calculates applicable tax withholdings according to investor and event parameters. |
Tax calculations and compliance referenced in documentation. | |
Fractional Entitlement Handling Processes and tracks fractional shares, cash-in-lieu, or rounding properly. |
Fractional share and rounding described as managed in processing documentation. | |
Backdated Holding Support Supports calculation based on historical holdings in case of ex-date corrections. |
Supports ex-date corrections/backdating for corrections. | |
Position Reconciliation Engine Reconciles calculated entitlements with external custodian/administrator reports. |
Automated position reconciliation with custodians and internal ledgers. | |
Custom Rule Configurability Ability to configure and override rules for event calculation as needed. |
Business rules are configurable as part of calculation engine. | |
Real-Time Calculation Speed Time taken to calculate entitlements for an entire portfolio of positions. |
No information available | |
Bulk Entitlement Processing Handles bulk calculations for multiple accounts, funds, or portfolios simultaneously. |
High-volume, multi-account processing supported (bulk entitlement processing). | |
Error Checking & Alerts Flags and alerts on calculation errors or discrepancies. |
Error checking and workflow alerts are core to operational controls. | |
Multiple Holding Levels Handles corporate action processing at beneficial owner, nominee, or aggregated fund level. |
Handles multiple holder levels (beneficial, nominee, etc) as standard. | |
Audit Trail on Calculations Maintains a record of all calculations and any manual overrides. |
All calculations and adjustments are audit logged. | |
Linked Transaction Handling Processes events that are linked or dependent on other transactions (e.g., conditional offers). |
Linked/conditional processing supported for events with dependencies. | |
Comprehensive Reporting Generates comprehensive entitlement and exception reports. |
Comprehensive exception and entitlement reporting available in core modules. | |
Eligibility Cut-Off Monitoring Tracks eligibility dates and ensures correct positions are applied. |
Eligibility cutoff tracking is referenced in event lifecycles. |
Online Election Capture Web-based or portal interface for stakeholders to submit responses/elections. |
Online elections via web portal are supported. | |
Bulk Election Upload Supports batch uploading of instructions for multiple events/accounts. |
Bulk election upload is enabled for operational efficiency. | |
Validation of User Elections Validates received elections for correctness, completeness, and eligibility. |
Elections validated against completeness and eligibility as part of the workflow. | |
Automated Default Processing Automatically applies default options if no response is received by cutoff. |
Default processing applies if responses are not received. | |
Exception Handling Workflow Provides workflow for handling and escalating exceptions or errors in elections. |
Workflow management includes exception handling and escalation for elections. | |
Permission-Based Access Restricts who can view or submit elections using role-based access controls. |
Role-based access and permission controls on election submission. | |
Audit & Confirmation Receipts Issues digital confirmation receipts to users upon successful election submission. |
Digital confirmation and audit provided for user actions. | |
Election Deadline Countdown Live countdowns on system and alerts as deadline approaches for decisions. |
Real-time and scheduled alerts/counters for election deadlines. | |
Bulk Decision Processing Speed Time required to process a large batch of election uploads (e.g., 1,000 elections). |
No information available | |
Rule-Based Validations Allows for rule-based checks of submitted elections (e.g., eligibility, max/min choices). |
Submitted elections are checked via configurable rule sets. | |
Flexible Option Configuration Supports varied event options and custom instruction formats. |
Complex and custom instruction formats supported. | |
Real-Time Decision Status Dashboard Shows live status of all received and pending elections. |
Live dashboards for managing election status are provided. | |
Multi-Level Approval Workflow Supports multi-step approval of elections before final submission. |
Supports multi-level workflow, including approvals. | |
Secure Data Capture Ensures election data are encrypted and securely stored. |
All data is encrypted and securely captured per compliance standards. | |
Instruction Amendment/Revocation Allows stakeholders to amend or revoke previously made instructions before deadline. |
Instruction amendments and revocations before deadlines are allowed. |
Automated Processing to Custodians Sends instructions and settlements automatically to custodians, transfer agents, or market. |
Automated settlement instructions to custodians and agents. | |
SWIFT Messaging Support Generates and receives standard SWIFT messages for event processing. |
Explicit support for SWIFT MT/MX messaging formats. | |
Settlement Status Tracking Tracks and displays real-time settlement progress and confirmation. |
Real-time tracking of settlement/confirmation referenced. | |
Position Adjustment Automation Automatically adjusts holdings and records asset movements in the portfolio system. |
Automatic position adjustments in accounting and portfolio systems. | |
Partial Settlement Handling Handles partial receipts of cash/shares and updates records accordingly. |
Partial settlements and asset movements handled by automated processing modules. | |
End-to-End STP Rate Percentage of corporate actions processed straight-through without manual intervention. |
No information available | |
Exception Queue Workflow Provides a workflow for resolving settlement exceptions and fails. |
Exception queue management as part of transaction workflow. | |
Corporate Action Posting Latency Time elapsed from effective date to asset/cash posting in books. |
No information available | |
Multi-Asset Class Handling Processes events for equities, bonds, funds, and other asset types. |
Processes CA for all major asset classes (equities, bonds, funds, etc). | |
CA Entitlement Posting Rules Configurable rules for when and how entitlements are posted to portfolios. |
Posting rules are configurable based on business requirements. | |
Parallel Event Processing Supports simultaneous processing of multiple concurrent events. |
Architecture and marketing materials confirm support for parallel/concurrent event processing. | |
Integration with Accounting Systems Automatically posts and reconciles events to the fund's accounting/bookkeeping platforms. |
Integrates directly with accounting and fund-bookkeeping platforms. | |
Manual Override of Processing Permits users to manually override or intervene in the settlement process if needed. |
Manual override permitted in case of exceptions or breaks. | |
Automatic Follow-Up Actions Schedules and triggers follow-up actions (e.g., cash proceeds, tax forms) on completion. |
Follow-up actions (e.g., tax, cash) automated upon settlement completion. | |
Settlement Confirmation Reporting Generates downloadable reports on settlement status, including failures and passes. |
Settlement and confirmation download/reporting available from dashboards. |
Real-Time Exception Detection Monitors workflow and flags exceptions instantly for resolution. |
Exception detection and notification described as real-time. | |
Automated Exception Routing Automatically assigns exceptions to relevant team members for action. |
Automated exception routing and escalation in operational workflow. | |
Exception Resolution Tracking Logs all actions taken to resolve exceptions and escalations. |
Tracks resolution actions and statuses for exceptions. | |
Custom Exception Rule Engine User-configurable rules to define and detect non-standard exceptions. |
Custom rules for detecting/reporting exceptions (as part of configuration). | |
Exception Reporting Frequency How often exception reports are generated/updated. |
No information available | |
Exception Escalation Matrix Built-in escalation procedures based on issue type or severity. |
Built-in escalation matrix referenced. | |
Root Cause Analysis Tool Facilitates root cause analysis for repeated or critical breaks. |
No information available | |
Exception Queue Dashboard Visual dashboard for all open/closed exceptions sorted by event, account, or criticality. |
Exception dashboard and management views provided in user interface. | |
Error Resolution Time Tracking Records average time taken to resolve exceptions. |
No information available | |
Integration with Issue Tracker Integrates with corporate or IT issue management platforms (e.g., Jira, ServiceNow). |
APIs and connectors available for issue trackers (e.g., ServiceNow, Jira). | |
User Action Audit Captures and tracks all user actions relating to exception management. |
All exception management actions are logged for audit. | |
Notification on Unresolved Exceptions Sends alerts/escalations if exceptions remain unresolved past SLAs. |
Alerts/escalations triggered if exceptions persist past threshold. | |
Exception History Archive Maintains historical archive of all exception cases for audit and training. |
Historical archive maintained for exception/audit tracking. | |
Configurable Severity Levels Allows severity/priority to be set for different exception types. |
Exception severity/prioritization is configurable. | |
Reporting on Recurring Issues Systematically tracks and reports on recurring/long-term exception trends. |
Recurring issue tracking forms part of reporting toolset. |
API Availability Offers robust REST/SOAP APIs for data import, export, and integration with third-party systems. |
APIs for data integration and automation documented for the system. | |
Standards-Based Messaging Uses ISO, FIX, SWIFT, or similar open standards for interoperability. |
Supports messaging standards including ISO, SWIFT, FIX. | |
Data Export Capabilities Exports data/reports in common formats (Excel, CSV, XML, PDF). |
Exports supported in CSV, Excel, PDF, XML. | |
Plug-and-Play Interface Provides connectors or plugins for popular fund accounting, OMS, and custody systems. |
Connectors and plugin interfaces for fund accounting and custody systems. | |
Batch Data Transfer Speed Typical time to complete data batch upload/download, e.g., for 100MB. |
No information available | |
Real-Time Data Sync Supports bi-directional real-time syncing with other platforms. |
Real-time data synchronization between modules and with external sources is documented as available. | |
Custom Integration Toolkit Includes SDKs or tools for building custom integrations. |
SDKs for custom integrations are available to client IT teams. | |
Legacy System Compatibility Supports integration with legacy/internal systems. |
Can integrate with legacy and internal systems via file, API, and batch. | |
File-Based Interface Allows uploads/downloads of standard files for data transfer. |
Standard files for upload/download are supported. | |
Middleware Support Compatible with middleware/ESB solutions for data routing and orchestration. |
Middleware/ESB compatibility is supported for data routing. | |
Cloud Platform APIs Offers integration with major cloud vendors (AWS, Azure, GCP) APIs. |
Integration with AWS, Azure, GCP documented in technical overviews. | |
Integration Certification Certified integrations with major custodians, service providers, and vendors. |
Certified integrations with global custodians and major partners. | |
Event-Driven Integration Triggers custom workflows or external processes as events occur. |
System triggers custom workflows in response to corporate action events. | |
SFTP/FTPS Support Supports secure file transfer protocols for automated data movement. |
SFTP/FTPS protocols available for secure file transfers. | |
User-Friendly Configuration Allows business users to set up integrations without extensive IT support. |
Low-code/no-code configuration options allow business users to manage many integrations. |
Role-Based Dashboards Provides tailored dashboards for different user roles (ops, PMs, clients, risk). |
Dashboards tailored for operations, PMs, risk, etc., are core to the UI. | |
Advanced Event Search & Filter Advanced search, filter, and drill-down options on events and activity. |
Advanced search, filter, and drill-down included in UI/UX. | |
Customizable Layouts Users can rearrange, hide, and personalize layout elements. |
User-customizable layouts and screens are part of Murex's user configuration. | |
Responsive Design Works well on desktops, tablets, and mobile devices. |
Responsive design (web, tablet, mobile) is standard. | |
Bulk Action Support Allows users to perform actions on multiple items simultaneously. |
Bulk action support available for high-volume operations. | |
Multi-Language UI Interface available in multiple languages. |
UI can be localized (multi-language UI suppported). | |
Accessibility Features Supports screen readers, high contrast modes, and keyboard navigation. |
No information available | |
Contextual Help & Tooltips Inline help, tooltips, and guides throughout the workflow. |
Contextual help and tooltips described as built-in for user support. | |
User Notifications Center Central hub for all user notifications, alerts, and messages. |
Central notification and alert hub present in the product UI. | |
Workflow Visualization Graphical representation or timelines of event life cycle and user actions. |
Workflows visualized as timelines/graphs are part of user dashboards. | |
Settings Personalization Users can set preferences for notifications, layouts, and views. |
Users can personalize notification and display preferences. | |
Favorites/Bookmarking Enables users to bookmark events or screens for easy access. |
Bookmarking/favorites available for user experience efficiency. | |
Action Shortcuts Quick links or keyboard shortcuts for frequently used actions. |
Shortcuts and quick links are present in the UI. | |
Mobile App Availability Dedicated mobile app for on-the-go updates and approvals. |
No information available | |
Performance and Load Time Average interface load time for typical dashboard/logins. |
No information available |
Multi-Factor Authentication (MFA) Supports MFA for all user logins. |
MFA supported for high-security client implementations (role-based access and multi-factor authentication). | |
Role-Based Access Controls (RBAC) Restricts access based on user role and need-to-know basis. |
RBAC is a default security capability. | |
Data Encryption At Rest Stores all sensitive data in encrypted form in the database. |
Encryption at rest confirmed in technical/architecture documentation. | |
Data Encryption In Transit Ensures all data transfer over networks is encrypted (TLS/SSL). |
Encryption in transit (TLS/SSL) referenced as a product standard. | |
Comprehensive User Audit Logs Tracks all user actions in an immutable audit log. |
Immutable user audit logs and tracking provided for compliance. | |
Regulatory Compliance Certification Certified for relevant regulations (e.g., SOC2, GDPR, CASS, SEC). |
Certified for SOC2 and other industry standards per marketing/technical documentation. | |
Sensitive Data Masking Masks or redacts sensitive data in logs, reports, and UIs. |
Sensitive data masking available as part of info security controls. | |
Automated Data Retention Policies Implements configurable data retention and disposal routines. |
Automated, configurable retention and disposal policies are available. | |
Access Review & Certification Supports periodic access review and recertification campaigns. |
Periodic access review and certification supported. | |
Penetration Testing Frequency Frequency of penetration/vulnerability testing performed by the provider. |
No information available | |
Incident Response Procedures Documented and tested procedures for managing security incidents and breaches. |
Incident response procedures and playbooks are referenced. | |
Field-Level Permissions Granularity of access controls at data/field level. |
No information available | |
Automated Compliance Reporting Produces automated compliance reports for auditors/regulators. |
Automated compliance reporting for audit and regulatory reviews. | |
Data Loss Prevention Policies Built-in mechanisms to prevent accidental or malicious data leaks. |
DLP controls and safeguards against data loss/leakage are referenced. | |
Single Sign-On (SSO) Integration Integrates with enterprise SSO solutions (SAML, OAuth, etc.). |
SSO integration (SAML, OAuth) available. |
Standard Report Library Pre-built reports covering all main workflows/events. |
Standard reports for most workflows are provided. | |
Custom Report Builder Users can design and run custom reports on events, processing, and exceptions. |
Custom report builder accessible for operations and risk teams. | |
Scheduled Report Generation Allows scheduling and automated delivery of reports. |
Report scheduling and automated distribution is a product feature. | |
Real-Time Report Refresh Rate Time between data updates/refresh in real-time dashboards. |
No information available | |
Downloadable Report Formats Exports reports in Excel, PDF, XML, or other standardized formats. |
Reports can be downloaded as Excel, PDF, XML, etc. | |
Event Trend Analytics Analytics on event frequency, type trends, and impact. |
Event analytics and trends visualized in reports and dashboards. | |
Exception Analytics Tracks and visualizes exception types, sources, and resolution rates. |
Exception analytics (root cause, source) supported in reporting suite. | |
Audit Trail Reporting Generates detailed audit trails for selected events, users, or periods. |
Comprehensive audit trail reporting available for compliance and investigation. | |
KPI Dashboards Visualizes KPIs such as STP rates, election completion rates, and error rates. |
KPI dashboards for STP, exception resolution provided in operational modules. | |
Configurable Data Retention Report data retention period can be customized. |
Configurable data retention for regulatory and client requirements. | |
Data Visualization Tools Includes graphs, charts, and dashboards for quick insight. |
Report and dashboard modules support advanced data visualization. | |
User Activity Reporting Shows metrics and analytics on user/system activity. |
System tracks and reports on user and system activity. | |
Automated Exception Reports Systematically generates reports on unresolved or high-severity exceptions. |
Exception reports are systematically generated/reviewed. | |
Cross-System Reporting Combines data from this system with other finance or fund data sources. |
Reporting suite allows for data crossover/tracking with external finance systems. | |
Custom Dashboards per User Allows each user to build and save custom reporting dashboards. |
User-customizable dashboards can be saved and exported. |
Concurrent User Capacity Maximum number of users supported simultaneously with no performance drop. |
No information available | |
Transaction Throughput Number of corporate actions/events processed per minute. |
No information available | |
System Uptime Percentage of time the system is available and operational. |
No information available | |
Dynamic Resource Scaling Automatic scale-up/scale-down of resources based on transaction volumes. |
Elastic scaling referenced as a supported feature in architecture. | |
Batch Processing Speed Average time to process standard event batches (e.g., 1,000 events). |
No information available | |
Disaster Recovery RPO Recovery Point Objective in case of system failure. |
No information available | |
Disaster Recovery RTO Recovery Time Objective for restoration of services. |
No information available | |
Data Archival Performance Speed at which old records can be archived or restored. |
No information available | |
Peak Load Testing Certification Evidence of load testing at peak usage scenarios. |
Peak load testing / certification referenced in performance documentation. | |
Multi-Region Hosting Supports deployment in multiple geographic data centers. |
Supports deployment across multiple regions/data centers. | |
Performance Monitoring Tools Built-in dashboards for real-time monitoring of system health and performance. |
Performance monitoring is a core dashboard capability. | |
Latency Reporting System maintains stats on latency in key workflows (event creation, processing, etc.). |
Latency and performance reporting available for key workflows. | |
Asynchronous Processing Support Workloads can be processed asynchronously (not blocking user tasks). |
Background (asynchronous) processing supported for batch/event processing. | |
Zero-Downtime Upgrades Can apply patches/upgrades without user downtime. |
Supports zero-downtime upgrades for high-availability clients. | |
Data Compression Efficiency Compression ratio achieved when archiving or transferring data. |
No information available |
24x7 Customer Support Availability Customer support is available 24 hours, 7 days a week. |
24x7 global support coverage referenced in support SLAs. | |
Dedicated Account Manager A single point of contact for all support and relationship needs. |
Dedicated account manager is standard for enterprise clients. | |
Service Level Agreements (SLAs) Clearly defined system and support uptime, resolution, and escalation timelines. |
SLAs and escalation timelines are part of commercial agreements. | |
Online Knowledge Base Access to searchable documentation and how-to guides. |
Online documentation and self-service knowledge base are accessible. | |
Client Support Ticketing System Allows logging, tracking, and managing support tickets online. |
Client support ticketing and tracking system is provided. | |
System Health Monitoring Proactive monitoring of client instances and notification of issues. |
Proactive system health monitoring and alerting is included in managed services. | |
Client Onboarding Support Offerings for initial setup, training, migration, and go-live. |
Client onboarding, data migration, and go-live support are standard. | |
Change Request Turnaround Time Typical SLA for implementing small client change requests. |
No information available | |
User Community/Forum Active user community or forum for sharing knowledge and tips. |
Active user community and discussion forums hosted by Murex. | |
Regular Product Updates Frequency of system updates and feature releases. |
No information available | |
Training & Certification Programs Availability of formal training, documentation, and certification for users. |
Formal training and certification options are available for clients. | |
Multi-Timezone Support Support teams cover multiple time zones for global operations. |
24x7 and regional support options for all major markets. | |
Disaster Recovery Assistance Hands-on vendor support in DR/BCP scenarios. |
Vendor provides hands-on support in DR and business continuity scenarios. | |
Custom Development Services Availability of custom enhancement/build services from vendor. |
Custom development/enhancement services available as per client projects. | |
Annual Client Satisfaction Survey Regular feedback and satisfaction surveys of client base. |
Annual client satisfaction surveys and regular feedback is the industry norm for leading vendors. |
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