Unlocking the first link in the chain
At 01 Oct 2007 13:56:45 in A-Team Free, A-Team Insight Quarterly, ATIQ-Features, ATIQ-Issue 2 - Q4 2007, Delivery Terms, RDR-Corporate Actions, Reference Data Review
By Thea George, Editorial Director, A-Team Group
The good news is, the front office is starting to really care about corporate actions data. But does that mean more projects to automate handling of corporate actions further downstream will get the green light?
When, oh when, is the industry finally going to get to grips with the challenge of better automating the processing of corporate actions? It is now some seven years since the issue of the need to implement STP for corporate actions, typically a manual and therefore risk prone area of the back office, first came to the fore, and there has been a steady stream of conferences and articles on the subject ever since. And it is not as if the industry lacks the necessary tools for the job.
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