Customer Interest Grows in Corporate Actions Automation

OPERATIONS

Users now have several options to automate the corporate actions process, yet there is more interest than there are implementations, according to a new report from Celent Communications.

The choices include third-party applications that automate the entire corporate actions lifecycle, solutions that handle particular steps in the process and industry initiatives to standardize and centralize corporate actions data, the report says.

Celent estimates that about $830 million will be spent on corp