BankingFinTech

SIX: Survey Reveals Industry Need for Automated Corporate Actions Solutions

  • 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
Previous article
Zedra: Announces appointment of Sally Orton as Group CFO
Next article
Deel: Raised $30 Million Series B Funding
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...
FinTech

Visa Survey Reveals Businesses Ready to Embrace AI in Commerce

Consumer hesitation contrasts with business enthusiasm for AI adoption.Highlights: Visa survey finds 76% of businesses ready to adopt...
FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...
FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...