SCORPEO reveals new TCA application


SCORPEO has launched its new Corporate Actions TCA application to help investment managers identify missed value in their portfolios.

SCORPEO’s TCA analysis will now be available for corporate action elections, helping investment managers to adhere to the new second Markets in Financial Instruments Directive (MiFID II) reporting requirements, which increase transparency and accountability on missed value for investors.

The new application will allow users to log in and create reports that assess where value is being missed.

Matt Ruoss, CEO of SCORPEO UK, said: “Under MiFID II, investment managers must report on corporate action decisions for the first time which creates transparency and accountability on the impact these decisions have on investment returns.”

“Utilising our extensive data and working with our clients, we are pleased to have launched the first ever such TCA analysis for corporate actions.”

Jonny Ruck, CEO of SCORPEO US, said: “Investment managers have mandates to maximise returns for their clients. Eliminating sub-optimal decisions is important for investment managers in terms of aligning fiduciary responsibilities and performance.”

“SCORPEO corporate actions TCA is a vital report for asset owners and fund managers providing the transparency they need to meet reporting obligations.”

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