BetaNXT partners with Chicago Clearing Corporation
20 November 2025 US
Image: HJMatten/stock.adobe.com
BetaNXT, a provider of wealth management technology solutions with real-time data capabilities and an advisor experience, has collaborated with Chicago Clearing Corporation (CCC), a provider of securities and antitrust class action claim filing.
The collaboration streamlines the process for brokers and wealth managers to identify eligible holdings and return class action settlement funds to investors.
The firm says as class action settlements become more complex, particularly with the emergence of Delaware’s ‘direct pay’ structure, there is a need for data accuracy, as well as coordination between broker platforms and CCC.
Chris Nobles, division executive for Mediant, a BetaNXT business, comments: “This partnership is about empowering brokers to better serve their investors.
“By combining BetaNXT’s foundational data platforms and network of brokers with CCC’s recovery expertise, we’re helping firms reduce operational friction and ensure investors don’t leave money on the table.”
James Tharin, CEO of CCC, adds: “The complexity of class action settlements is growing, and brokers need a partner who can help them keep pace. With BetaNXT, we’re aligning systems to make sure investors get what they’re owed without adding more work for their brokers.”
The collaboration streamlines the process for brokers and wealth managers to identify eligible holdings and return class action settlement funds to investors.
The firm says as class action settlements become more complex, particularly with the emergence of Delaware’s ‘direct pay’ structure, there is a need for data accuracy, as well as coordination between broker platforms and CCC.
Chris Nobles, division executive for Mediant, a BetaNXT business, comments: “This partnership is about empowering brokers to better serve their investors.
“By combining BetaNXT’s foundational data platforms and network of brokers with CCC’s recovery expertise, we’re helping firms reduce operational friction and ensure investors don’t leave money on the table.”
James Tharin, CEO of CCC, adds: “The complexity of class action settlements is growing, and brokers need a partner who can help them keep pace. With BetaNXT, we’re aligning systems to make sure investors get what they’re owed without adding more work for their brokers.”
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