Accelerating Merger Arbitrage Analysis for a Global Event-Driven Fund

The Challenge For a New York-based event-driven fund, speed is alpha. When a European M&A deal is announced, their analysts need to digest the Offer Document immediately to assess regulatory risk and deal spread. However, fragmentation across European exchanges meant their analysts often waited hours for aggregators to pick up filings from smaller markets like Poland or Sweden, missing the most profitable entry points.

The Solution The fund integrated our Real-Time Webhook API to bypass traditional terminal delays.

1. Instant Push: Instead of polling, our system pushed a JSON payload to their internal dashboard the millisecond a filing with keywords like "Tender Offer," "Merger," or "Antitrust" appeared on any of 44 European exchanges.
2. AI Summarization: Our API auto-generated a "Deal Sheet" summary—extracting the offer price, premium, and key conditions—allowing the PM to make a "Go/No-Go" decision before opening the PDF.
3. Smart Filtering: We filtered out noise (like share count updates) so the alert channel only fired for material corporate actions.

The Result The fund reduced their "Time-to-Insight" for European M&A events from ~45 minutes to <2 minutes. This speed advantage allowed them to capture an estimated 15 bps of additional spread on three major cross-border deals in Q3 alone.