Corp Actions Event Committee Pays Off for BNY Mellon, Standards is Not The Complete Answer

LONDON - The creation of a corporate actions committee that gathers information on complex events has helped Bank of New York Mellon (BNY Mellon) speed up the process of handling announcements that require additional attention, something that has become more necessary since the start of the financial crisis.

According to Dublin-based Barry Adams, assistant vice-president, corporate actions, BNY Mellon, who delivered a presentation on the firm's corporate actions services at Inside Reference Data