Solution introduction
Automate and Streamline Corporate Actions Management
BetaNXT CastX revolutionizes the way wealth management firms manage corporate actions. Our innovative solution automates the corporate actions lifecycle — reducing risks, minimizing errors, and improving transparency and efficiency
CastX leverages our DataXChange platform and draws upon our expertise in investor communications, securities processing, and tax and cost basis reporting. Firms have the flexibility to adopt individual modules or the full CastX solution, based on their specific needs.
An end-to-end solution
Sourcing and set up
Automated sourcing, scrubbing, and sharing of corporate action events.
Notification
Omni-channel delivery of user-friendly notifications and reports.
Election capture
Digital tools for election submissions and tracking.
Election submission
Streamlined DTCC submissions to reduce errors.
Allocation
Automated transaction processing for entitlements.
Cost basis
Allocates cost to new securities and to calculate gain/loss for taxable events.
