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Telekurs (USA) Teams With N-Tier Securities for Corporate Actions; RIXML Consortium Hooks Up With XBRL on Data Tagging Standard; Futures Commission Merchant Goes Live on Ubitrade

Telekurs (USA) Teams With N-Tier Securities for Corporate Actions

Telekurs (USA) Inc. and N-Tier Securities have formed an alliance to provide customized corporate actions data systems. N-Tier's custom loader was built to integrate Telekurs' TB II, a daily feed of master data and corporate actions covering more than 1 million global instruments. TB II is Telekurs' flat-file service, which contains an event-focused subset of data provided in the company's Valordata Feed (VDF).

N-Tier is developing a customized loader supporting VDF, which is Telekurs' flagship reference data and corporate actions service. Telekurs says VDF delivers this information along with valuation prices, in a format that is designed for full automation of corporate actions and reference data processing. N-Tier designs customized corporate action and straight-through processing systems to broker/dealers, custodians, depository banks and investment operating arms of insurance companies.

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