The International Securities Services Association (ISSA) and theValueExchange have launched an industry-wide survey to explore challenges in corporate action processing, focusing on automation.
They aim to address three key questions:
- 1. How and where are our levels of automation changing? (at a practitioner level)?
- 2. What are the levels of automation in different markets?
- 3. What technologies are we using to drive automation/P&L impact?
Industry stakeholders can contribute until 24 May. Following the survey, ISSA will share findings on its website and provide benchmarking reports to participants, aiding in comparison with industry standards and peers.
The ISSA Asset Services working group will utilise these insights to develop global best practices and recommendations for enhancing industry efficiency.
Top priority
PostTrade 360° previously reported that at the Optic conference last October, automation in corporate actions was identified as a top priority for investment in post-trade operations.