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
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

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...

Revolut Enhances Services with AI Assistant for Money Management

The new feature aims to simplify personal finance management for users.Highlights: Revolut launches AI assistant feature for usersNew...

ClearBank EU to Launch Stablecoins Including Euro Coin and USD Coin

New offerings aim to enhance digital transactions for fintech users.Highlights: ClearBank EU announces stablecoin offerings targeting fintech markets.Initial...