Thomson Reuters to Offer Securities Class Action Claims Filing in collaboration with GCF

Thomson Reuters is intended release of securities class action claims filing capabilities as part of its enterprise-wide investment accounting system. The solution will be offered in partnership with Global Claims Filing Limited (GCF)

New York, February 11th, 2010, Thomson Reuters today announced that it will offer securities class action claims filing capabilities as part of its enterprise-wide investment accounting system. The solution will be delivered in collaboration with Global Claims Filing Limited (GCF), a leading provider of securities class action data, research and claims filing services.

Thomson Reuters PORTIA provides comprehensive investment accounting management capabilities for asset managers worldwide that will now offer an inclusive, automated claims filing solution through GCF.

EDI tracked over 5 Million Corporate Actions in 2009

In 2009, Exchange Data International (EDI) has celebrated its 15th year of providing data, doubled its effort in providing coverage on Emerging and Frontier Markets and provided 5 Million Corporate Actions.

London, February 11th, 2010, Exchange Data International (EDI), a well-known provider of Corporate Actions & Reference data, announced today that its corporate actions data team had created over 5 Million corporate actions records in 2009 which is an astonishing volume of 20,800 records a day.

EDI has been providing global corporate actions on equities through its Worldwide Corporate Actions for the past 7 years. Since 2009 EDI has also provided comprehensive information on corporate actions affecting debt securities around the globe via its Worldwide Fixed Income services.

UK companies slashed dividends by £10bn in 2009

The latest report from Capita Registrars reveals that £57 billion was paid out by companies - 15% less than in 2008.

London, February 8th, 2010, According to the latest Capita Registrars Dividend Monitor which analyses thousands of dividends, using data provided by financial information specialists Exchange Data International, UK's largest companies cut their dividend by 15%, paying out just £57 billion last year, a massive £10bn less than in 2008.

The banking sector was especially affected with banks slashing their dividends by half. The state-owned banks paid nothing, while HSBC only cut modestly and Standard Chartered actually increased its distributions to shareholders.