ActionDesk reads primary filings as they are disseminated, reconstructs each situation as one object rather than a pile of documents, works out which positions it touches, and carries the decision through election, confirmation and reconciliation.
Public SEC filings · Cited to the document · Confidence shown · No quotes invented
Built on the Consentra workflow platform.
Built from primary filings, read as they are disseminated — not from a vendor’s summary of them.
An event arrives as a document. It leaves as a spreadsheet.
Corporate actions are the last major asset-servicing process still run by hand, and the industry has measured exactly how badly.
of surveyed hedge funds processing corporate actions manually, with a further 11% only partly automated
S&P Global Market Intelligenceciting the lack of a consolidated view across asset classes as their main obstacle
S&P Global Market IntelligenceOne situation, from the filing to the settlement.
Four surfaces over one graph. Each answers a different question, and none of them disagrees with the others, because there is only one set of objects underneath.
Every live merger, tender offer, exchange offer, going-private transaction, spin-off and activist campaign as one situation rather than a pile of documents — current price, current expiry, the conditions still outstanding, and the amendment that set each of them.
Learn more- Offer price
- $41.80
- Expires
- 11 Apr
- Minimum
- 50.1%
Two teams, one event.
The investment desk asks what changed and what it is worth. Operations asks who owns it, which broker holds it, and what is due on Thursday. Today those questions are answered from different spreadsheets.
You are underwriting the event
What is the spread, which conditions are still open, has anything in the merger agreement moved, did a second bidder file, did the board change its recommendation. Every one of those answers exists in a filing on the day it changes. Spreads here are computed against a price you supply, never an invented quote, and the assumptions are printed beside the number.
Request access“The spread was right. The expiry was eleven days later than our sheet said.”
EDGAR publishes no quotes. Both assumptions — closing on the stated date, paying in full — fail regularly, and both are printed beside the number.
Built to read the filing, not the feed.
Primary documents in, one situation out, watches that have a job description, and a workflow that ends where the money actually moves.
Primary documents, archived verbatim
Filings are discovered from the SEC’s own indexes, fetched below the ten-requests-a-second ceiling with the declared contact address the regulator requires, and stored exactly as served. Everything above the HTTP client re-reads that archive rather than the network.
One situation, not six documents
A tender offer is not an offer document, a recommendation, three amendments and a termination notice. It is one object with an identity, a price, an expiry, a set of conditions and a chain — and a later filing adopts the situation an earlier one opened.
Watches with a job description
Not a subscription to a form type: tell me if the offer price moves, if a second bidder appears, if the vote is rescheduled, if a new five per cent holder crosses in. The condition is stored server-side against the situation, so it survives the tab being closed.
Carried through to what settled
The positions it touches, the election, the approval, the instruction, the acknowledgement and the reconciliation — each written as a record on the same event, so the answer to “what did we do about this” is one query rather than an archaeology project.
Details that decide whether it is trusted.
Every figure cited
Anything read from a filing carries the accession, the document URL, the sentence and the character offset it came from. The citation is stored with the value, not attached to it afterwards.
Confidence is not decoration
Structured XML — Forms 3, 4 and 5, newer Schedule 13D/G — is read at high confidence. Tender terms live in prose and are extracted heuristically, at a confidence that says so. Below 0.6 is a prompt to open the filing.
Amendments supersede
An extension replaces the date it moved rather than sitting beside it, and a re-parse of an older filing can add provenance but can never rewrite a newer state. History only moves forwards.
EDGAR publishes no quotes
Prices come from you
EDGAR publishes no quotes, so none are invented. A spread is computed against a price passed in the request, and the two assumptions behind the annualised figure are shown next to it.
The bytes are kept
Every document is archived exactly as served and re-parsed from that archive rather than re-fetched. A parser improvement costs the SEC nothing and can be run against the entire history.
One object, not six documents
A situation has an identity, a kind, terms, conditions, deadlines, a filing chain and a change log. The same shape comes back from the API, which is the draft of the open schema.
The floor a fund’s operations function will accept.
Segregation per entity and per fund, private deployment, an audit trail that is the product rather than an export from it, and an event schema you are free to build against.
Segregated by design
Positions, elections and approvals belong to one entity and one fund. Nothing is queryable across a boundary you did not draw.
Deploy in your environment
Run ActionDesk inside your own perimeter. The event graph synchronises in; position and election data never leaves.
The API is the product
Every surface reads the same routes you do — one version prefix, camelCase throughout, provenance on anything derived from a filing.
An open event schema
The shape the API already returns is the draft. Publishing it costs nothing; the normalised graph and the workflow history stay closed.
Questions, answered.
Request accessBoth, and the order matters. The data is what makes it worth opening every morning; the workflow is what makes it impossible to close. An intelligence product tells you a tender offer was extended. ActionDesk tells you that, tells you which four accounts hold it, and carries the election through to the reconciliation of what settled.
Know what changed before the deadline.
Twenty minutes, a deal you are already in, and the situation rebuilt from its filings in front of you.