Exhibitors @ CorpActions 2010, April 23rd 2010

Exhibitors at CorpActions 2010 held on April 23rd at Grocers’ Hall in the City of London.

Providing information on the Corporate Action Company and full demonstrations of the CATS product suite.

Implemented At Second Leading Global Investment Bank

Details of Implementation.

Three month implementation plan including 15 interfaces to other systems.

CATS successfully implemented and delivered on time. At end of November 2009.

CATS is now automatically preparing positions, trades, claim documents, payments ( including SWIFT ), bookings for all event types.

Global user base in Mumbai, London and New York.

MIS, Configuration and Election Instructions

Contains the following functionality.

MIS Improvements Phase 1.

Enhancements and streamlining of system configuration.

Election Instruction extensions. Bulk election decisions can be processed from spreadsheet and election instructions can be handled via a web service.

Workflow, Taxation and Performance

Contains the following functionality.

Enhanced diary, workflow and task management. Provides automated task assignment, fully extensible processing for any diary task and task interdependancy.

Improved SX1 processing and reporting. Centralisation of core taxation functions with improved access and control.

Performance Enhancements. Improvements to all system areas following extensive review.

IRS Witholding Tax Module

Contains the following functionality.

Enhanced static module for management of counterparty W8 and W9 tax dispensation forms.

Full withholding tax calculations and reporting capabilities for US WHT to be reported to the IRS.

Automatic substitute payment and entitlement adjustments for Withholding tax.

Electable Event Processing

Contained the following functionality.

Final implementation for voluntary event lifecycle processing.

Full entitlement calculation processing for voluntary and mandatory electable events. Namely :

• Voluntary Transformation Events
• Electable Information Only Events
• Mandatory Transformations With Options
• Mandatory Benefits With Options

Full support of multiple option and outcome processing. Generation of corporate actions properties via SWIFT MT564/568 STP process.

Automated Claim Tracking.

Contained the following functionality.

Automated, rule driven, process to net claims per claim counterparty.

Automated, rule driven, process to send claim letters and reminders to counterparties.

Automated, rule driven, process to escalate late or delayed open claims.

Creates several million €'s per annum in increased interest opportunities for client.

Agent Swift Processing.

Contained the following functionality.

Full STP processing of MT566 Swift messages received from Agents. Implemented across multiple business entities.

Full STP processing of Clearstream bank payment messages. Implemented in Frankfurt.

History.

1999 CATS development starts.

2001 Implemented in Tokyo for Japanese dividends.

2002 Implemented in Tokyo for international dividends and tax reclaims.

2003 Implemented in London for dividends business. Upgraded to handle cash and financing trades.

2004 Implemented in London for fixed income business and Frankfurt income business.

2005 Implemented stock claim management and multi entity processing for Agency Lending and Prime Brokerage businesses.

2006 Implemented mandatory event processing Phase 1.