Corporate actions processing is one of the last bastions of operations where manual processing plays an expensive role, often riddled with operational risk. Yet as the industry builds upon the lessons learned from the pandemic, full automation may become a necessity sooner than later. Firms are realizing that they have outgrown manual situations that require staff to manually process ever-greater volumes of corporate action notifications. In addition, firms need improved data capture, better internal and external communication, a final exit from spreadsheets, and end-to-end management of elections. The bottom line is that manual corporate actions processing can hold back a firm whose competitors are already revving up their digital transformations.
What you will take away from this session: