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Asset Servicing

Over the past decade global financial markets have seen an increasing wave of new regulations.With the growing complexity of these regulatory reforms, it is imperative to create a range of flexible and tailored services around risk, compliance and business transformation for our customers.

eClerx offers tailored technology solutions and operating models for processing of corporate actions, dividends and interest payments and applying tax reliefs from foreign governments on behalf of our customers.

Challenges

  • ​With growing competition,it is imperative for banks to have technology solutions and an operations framework capable to handle the disparate tax and regulatory obligations
  • Servicing clients effectively by generating accurate and timely notifications for corporate events, dividend or interest payouts and further ensuring prompt payments to client accounts
  • Managing transactional, counterparty and financial risk/exposure in form of receivable and payable funds due from/to various counterparties
  • Transforming inconsistent and incomplete event information from varied data sources into a single complete data set for operations

Solutions

  • eClerx has worked with global financial institutions carrying out all administrative tasks that arise during the lifetime of these securities under their custody. Our operations solutions include event information capture, announcement management, dividend and interest payments, market claims, rights trading, proxy voting and risk reporting
  • Tailored technological solutions providing robust tax management and workflow regulation allow clients to execute end-to-end process on a single platform
  • Interactive web-based dashboards to prioritize outstanding events based on risk profiles for proactive/prompt decision making
  • Flexible resourcing and low on-boarding time using comprehensive training methodologies and exhaustive procedure documents prepared by the eClerx knowledge factory

Benefits

  • Develop a sturdy infrastructure adhering to dynamic regulatory requirements while still maximizing the potential for yield
  • eClerx manages the technical and operational aspects of event processing, while the bank focuses on core functions such as strategy management, client engagement and business development
  • Ability to adapt to the banks servicing policies while integrating best industry practices
  • Best in industry price and service standards maintained through strong internal process control, audit trail, and reports ensure high quality and timely service