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

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...

Mastercard Unveils New GenAI Model for Enhanced Payments Processing

The innovative model aims to streamline transactions and reduce fraud.Highlights: Mastercard launches a new GenAI model to improve...

Cleafy Secures $12 Million to Strengthen Bank Fraud Protection

Investment aims to enhance cybersecurity solutions for financial institutions.Highlights: Cleafy raised $12 million in a funding round.The investment...

Investor Onboarding Startup Steward Secures $5 Million Funding Round

Steward aims to enhance the investor onboarding process with new capital.Highlights: Steward secures $5 million in funding.Funding will...