FINANCIAL ACTION SERVICES
Each FII Financial Action Service transaction includes all the details needed to process a security, including full description, CUSIP ®, price, complete agent address with phone numbers, effective data, certificate
numbers, etc., and a brief summary of the action taken or proposed.
FII's Financial Actions Services consists of the
following five products:
- Daily Card Service
(Reorganization) contains information on corporate reorganization
activity such as stock splits, name changes, rights offers, mergers,
purchase/exchange offers, liquidations, bankruptcies, distributions,
and more.
- Called Bond Service
provides coverage on Corporate, Convertible, Sinking Fund, Invitation
to Tender and Municipal Called Bonds. FII supplies Certificate
Numbers as part of its on-line called bond transactions.
- Put Option Service covers
optional and mandatory types of puts on all securities that have
a put feature. FII's data include first and last notification
dates (not days) and the next put date. FII confirms each put
prior to final publication.
- Retired CMO & MBS Issues
Service provides data on
retiring CMO and MBS issues. FII's data include the original maturity
date, the most recent payment date, the effective interest per
$1,000 original face, and the prior principal factor reported.
- Warrant Service complies
daily information on new and existing U.S. and Canadian warrants,
providing data on both new stock purchase warrants and those that
have undergone a change in terms or dates. FII's data include
the basis of exercise, exercise price, and any change in exercise
terms.
TRANSFER SERVICES
- Stock Guide Service
(the "Stock Transfer Bible") provides the essential
information for stock transfer, covering both active and obsolete
securities.
- Bond Guide Service
provides the essential information for transferring both corporate
and municipal bonds.
The Stock Guide and Bond Guide Services are available
in both printed and on-line versions. The print version includes
monthly supplements, while the on-line services are available
with daily or monthly updates. The on-line versions are available
through Computer-to-Computer or FII's On-Line Inquiry System.
OTHER SERVICES
- International Corporate Actions
& Pricing Service provides
international data on dividends, capital changes, bids and mergers,
company news, and pricing as gathered and distributed by Valorinform
and Extel Financial.
- CUSIP provides an
On-Line CUSIP Inquiry System which is integrated with FII's On-Line
Inquiry System. All data currently available in the CUSIP Directory
are available on-line from FII. Clients may access by description,
full/partial issue, dated date, yield, maturity, name change,
etc.
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ON-LINE DELIVERY OPTIONS
- Computer-to-Computer (CCF) Download
enables clients to download
data from FII's systems directly to the client's mainframe. FII
supports all standard communication protocols, including both
Remote Job Entry (RJE) and Network Job Entry (NJE).
- Personal Computer (PC) Download/FDMS
allows the client to download and process Domestic Corporate Actions
and International Corporate Actions and Pricing. FII also has
written a PC-based reorganization processing system called the
Financial Data Management System (FDMS). This system will automatically
download data from FII, DTC, and other data providers. It may
also report on any changes in account holdings, run an automated
called bond lottery, generate client notification letters, and
track client responses for voluntary actions.
- FII On-Line Inquiry System (FIIOIS)
allows users to dial into the FII database via PC and access all
data available in the Financial Actions, Transfer, and CUSIP On-Line
Inquiry services. FII's Fixed Screen Interface provides automated
database log-on and pull-down menus with on-line, context-sensitive
help.
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