SIBOS NEWS: Fiserv Releases Upgraded Corporate Actions Solutions

Fiserv (Brookfield, Wis.) rolled out the latest version of eVent, its corporate action processing solution. eVent is designed to provide clients with greater visibility and control across the corporate actions lifecycle.

Fiserv is making eVent available as a modular package. It provides the ability to record elections through a number of mechanisms to centralize processes, decrease paper chasing and reduce the risk in the communication among decision makers, back-office operations, custodians and other parties, Fiserv says. Also, the flexible deployment of the solution enables decision makers, working in local or regional offices, the ability to automate the election process. Additionally, eVent provides clients with greater flexibility to customize notifications to include client branding, business-specific formatting and use of free format text fields to tailor messages during the notification process.

Fiserv allowed users to customize the corporate actions workflow with eVent. By automating different actions at different times, users can improve the quality of decision-making through deadline monitoring, tracking and notification triggering, the company says.