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HomeBankingSIX: Survey Reveals Industry Need for Automated Corporate Actions Solutions

SIX: Survey Reveals Industry Need for Automated Corporate Actions Solutions

Date:

  • 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

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