Greater automation in corporate actions processing remains one of the main goals for asset servicing firms. During 2010 both automation and risk reduction initiatives were prioritized, and with no sign of investment in corporate actions diminishing, this is also expected to be the case in 2011. But while firms continue to invest in technology, investment must not shine away from retaining experienced staff processing the increasingly complex corporate actions notifications. With continued investment in technology, data and people, firms are set to be prepared for meeting changing requirements from clients and regulators.
- What corporate actions initiatives are firms prioritizing?
- Allocation of budgets and ongoing spend
- What STP rate should firms aim for if 100% STP is unrealistic?
Ian Davidson, EMEA Product Head, Electronic Markets, CITIBANK
Nanda Kumar, Product Director, SIX TELEKURS
Marty Kruse, Managing Director of Global Corporate Actions, BNY MELLON ASSET SERVICING
Deb Culhane, Chief Operating Officer, FIDELITY ACTIONSXCHANGE
Moderator: Tine Thoresen, Executive Editor, INSIDE REFERENCE DATA
CLICK HERE to listen to the archived webcast
More from Inside Reference Data
Updating your subscription status
Inside Reference Data Awards 2015
The reader survey and the call for entries for the 13th annual Inside Market Data Awards 2015 & Inside Reference Data Awards 2015 are now closed. These awards recognize industry excellence within market data, reference data and enterprise data management. Watch this space to find out the winners!
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...