Corporate actions solutions providers discussed the state of the market at the Securities Industry Association's Global Corporate Actions Forum last week.
Presenters cited a number of problems with manual processes, including delayed announcements, inefficiency and the risk of exposure. They also addressed the need for timeliness—some vendors claim to deliver an action in as little as five seconds—and cost effectiveness.
The increase in corporate actions volume may fuel the automation drive.
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails