Advent Corporate Actions Drives Efficiency and Reduces Risk for Mairs and Power
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Overview: After reviewing the options, Mairs and Power implemented Advent Corporate Actions (ACA) in 2007. ACA delivers consolidated corporate actions data from multiple sources, covering a wide range of security types, including U.S. and Canadian equities, ADRs, corporate fixed-income and, optionally, municipal bonds and non-U.S. securities. So a firm does not have to track several different data vendors to get a comprehensive view of events that affect its holdings.