Indxx, a provider of custom indexing solutions, has launched CAdmin, a centralised, integrated hub for corporate actions, developed with its current customers.
With the development of the new platform, Indxx aims to transfer the burden of corporate actions from clients to a trusted professional service provider.
Through the new platform, CAdmin will support high volumes of corporate actions and will also look to reduce the fixed costs associated with corporate actions validation.
All data handled by CAdmin on a daily basis will be provided by the client and stored solely on the client's servers. In addition, clients will have access to a customised dashboard and analytics based on their planning and decision-making needs.
Rahul Sen Sharma, managing partner of Indxx, says: “At Indxx, we are committed to providing innovative solutions to our clients. With over 15 years of experience in the indexing industry, we identified a need for a more effective corporate action management solution and established our Indxx data and technology service to address such industry challenges.
“[The launch of CAdmin] would not have been possible without the dedication of our incredible team. We look forward to developing more such products and continuing to add value to the investment management community.”
