Corporate actions processing has long been a byword for inefficiency and risk in the securities industry. Complex processes that were unsystematic, esoteric and hard to automate, and where IT spending offered little tangible return on investment. Today, however, that is changing. Industry initiatives to create more standardized corporate action messages, as well as technology developments, are helping to drive up automation rates.
This paper untangles some of the complexity related to corporate actions, examines ten common pain points and provides guidance on how to tackle them.
Corporate actions processing has long been a byword for inefficiency and risk in the securities industry. Complex processes that were unsystematic, esoteric and hard to automate, and where IT spending offered little tangible return on investment. Today, however, that is changing. Industry initiatives to create more standardized corporate action messages, as well as technology developments, are helping to drive up automation rates.
This paper untangles some of the complexity related to corporate actions, examines ten common pain points and provides guidance on how to tackle them.
