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SIX: Survey Reveals Industry Need for Automated Corporate Actions Solutions

September 15, 2020

SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services
With the vast majority (87%) of those surveyed currently processing part of their corporate actions manually
But firms will face challenges in the form of data quality and legacy technology/infrastructure
Among the benefits of automating corporate actions processing, respondents selected reducing operating costs
The survey also provided insight on the types of technology that firms believe will improve the quality of corporate actions
This survey shows the increasing requirement for automation to allow firms to process data as close to real time as possible