These transactions demonstrate our ability to support our clients, however complex their requirements. This was not our only ground-breaking transaction in 2016. In October, we completed the largest corporate action Crest payment in UK history, successfully settling an incredible £39bn as AB InBev acquired SABMiller. This was the culmination of 1,300 hours of work and more than four months of support to our client. This followed another successful major transaction, which saw us handle payments of nearly £24bn in September for Softbank’s purchase of ARM Holdings.
These transactions demonstrate our ability to support our clients, however complex their requirements. Our market-leading technology, coupled with our dedicated and specialist people, is a truly compelling combination.