The leadership team at Westwood recognized the need for a new
data and technology infrastructure to help manage this complexity
and create consistency across the different businesses.Westwood's
corporate actions data requirements were particularly complex due
to their new multi-location, multi-product offering. As a result,
the firm required a service that would source and validate
corporate actions data from exchanges and other data providers, and
deliver a single corporate action golden record. The service would
need to not only deliver accurate, timely corporate actions data
via the EDM platform, but also reduce the risk and cost associated
with acquiring and managing that data.
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