Corporate Actions

With volumes reaching historical peaks and people challenges at their most acute, how can all profiles of market practitioners drive scale in their asset servicing? Listen to our recent podcast in association with The Value Exchange to gain insights from our own Madhu Ramu and other industry experts as they dig into the key factors at play in shaping the right operating model for the back office today.

While SCoRE standards aim to drive harmonization toward everyday workflow and messaging for corporate actions, they have been competing for attention against other regulatory initiatives in the European Union. How can firms position themselves to benefit from the required changes to their current workflow standards for securities processes? Read more.

The Securities and Exchange Commission (SEC) has recommended moving the US Settlement process from T+2 to T+1 to reduce risk and strengthen and modernize securities settlement in the US financial markets. The question is, is the industry really ready for such an impactful change and the potential upheaval that such a change will bring, and what about the international impact? Read more

Post-trade legacy technology is one of the central themes of our time. We've never seen so much market disruption, so much customer change and so many new technologies all present themselves at the same time or create so much pressure on our operating systems. This 'Key Findings Report' explains where the post-trade LegacyTech hotspots are in our industry today, why those hotspots are a problem, and where we are seeing the transformation. Download the report

We are excited to share the Key Findings report from our industry-wide 'Transforming Legacy Tech' benchmarking campaign run in association with The ValueExchange, Digital Asset and The Network Forum. Read the full report.

A recent panel discussion with industry experts from Morgan Stanley, Goldman Sachs and S&P Global revealed key insights on how COVID-19 has impacted the world of corporate actions. This blog explores the ways in which the pandemic has forced firms to transform their corporate actions operations to keep up with recent industry trends around managed services and technological advancements.

For firms with asset servicing functions, executing their business strategy better, faster, and cost-efficiently has never been more critical. S&P Global’s Madhu Ramu looks at the key trends in corporate actions and how managed services can be leveraged to transform corporate actions operations? Read more.

The pandemic has shone a light on the need for accelerated adoption of new tools that will drive inorganic innovation and growth in the asset servicing space. Asset Servicing Times recently ran and Innovation Panel where panelists, including S&P Global, discussed how technology will help asset managers find a competitive edge and innovate their solutions. Read the full article.

Over the past 18 months, the pandemic and the Robinhood saga have put operational risk in asset servicing under the spotlight, as experts say replacing legacy systems and treating operational risk holistically will help companies manage it with greater robustness. Read full article

As the world of asset servicing becomes more global and diverse, the complexity of corporate actions is increasing with it. The ever-elusive 'Golden Record' continues to haunt all functions, while the operations teams managing these functions are looking to shift towards more analytical tasks. These two factors along with increased regulatory pressures drive significant demand for outsourcing corporate actions functions. Read this post on how S&P Global recognized these challenges and launched the Managed Corporate Actions - Agent Validation Service (AVS). Read blog post.

The DLT Voice of the Customer Working Group (WG), with participation from S&P Global, recently conducted a survey of Asset Owners and Investment Managers to highlight where they are on their journey towards DLT based investments (tokenised assets, Crypto currencies). The intent was to understand their motivations and challenges as well as validate what they want and need from the Securities Services industry. Please read this article to find out more.

In this recent Asset Servicing Times article, our own Richard Wilson, and other contributors discuss how the Nordics boast a harmonised infrastructure, which works particularly well when responding to regulation, but technology will be the key to unlock further opportunities for success

Members of the International Securities Services Association (ISSA), including S&P Global, formed a working group to assess the state of adoption of ISO 20022 in the securities industry. ISSA released its report and S&P Global presents its insights and key takeaways. Read our blog post and the full ISSA report.

Although the COVID-19 pandemic saw the corporate actions industry face many challenges, it has provided a significant catalyst to change. Industry experts discuss the lack of standardisation, increasing external demands, the optimum vision for corporate actions space and more. Read full article

For investment banks and brokers in the Asia Pacific region, the trading landscape is changing rapidly and creating a new sense of urgency around the need for operational efficiency, especially when it comes to corporate actions processing.

Experts say DLT has the potential to open the floor to all kinds of innovations if it can become a regulatory and legally integral part of Germany’s business. Read this recent article by Maddie Saghir at Asset Servicing Times with comment from our own Ankush Zutshi. Read full article.