Survey: Cost Reduction

VIENNA - Financial institutions are planning to increase investment in the automation of corporate actions, and cost reduction remains the main driver behind the initiatives aimed at automating reference data, according to the sixth Aim Software Global Reference Data and Risk Management Survey 2009.

The online questionnaire, which surveyed around 264 participants from 51 countries, revealed 34% of participants are currently planning to invest in automation of corporate actions, representing a 6%

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