Corporate Actions in 2021: Is it all about the data?

Corporate action errors are costing each of us more than USD2m per year - and data is the root cause for 56% of these errors. What can we do to change that?

Corporate Acton 2021: Is it all about the data
TheVX Logo

Corporate Actions in an Australian Context: where can we be looking to transform?

Australian corporate actions are complicated and, like many markets around the world, in need of more automation. In the context of our ongoing "Australian Corporate Actions in A Global Context" survey, it's fascinating to be able to dig deep into the topic with Tim Hogben and Jamie Crank from the ASX. Their expert insights and experience give huge optimism about the pace of change in this space - with a clear change path for each of us.

How does messaging automation reduce risk?

Automating corporate action data flows alone can reduce regulatory penalties by over 20% – and delivers benefits to every part of the process

Which events are we struggling to manage?

High complexity events (such as Dutch Auctions and Spin offs) are causing significant operational challenges – mainly because of how much manual effort needs to go into each event.

Who is feeling the corporate action risk?

Investors are feeling the risks from corporate actions more than any intermediary. Should CSDs be allowed to carry such little risk in the process?

How are we sharing our corporate action data?

46% of our notification messaging is manual today – creating huge risks and timing pressures for our downstream corporate action processing

How much does a corporate action cost?

It costs more to source a corporate action event than it does to process it today. And whilst data sourcing only accounts for 26% of the total cost of a corporate event, it costs another 30% to clean and interpret.

Previous
Next

Read the full story

Read the full story here: including all of the statistics and expert insights that you need to plan ahead

Removing the manual data burden
TheVX Logo

Corporate Actions 2021: Key Findings explained

With 56% of our costs of a corporate action made up by data sourcing alone, what can be done to reduce the cost and risks that we carry every day.

Full Key Findings

Download the key statistical insights from our industry-wide research here

Full Key Finding of corporate actions in 2021-Is it all about data
graphs

Login

to access our interactive Dashboard

Contact Us If You Don’t Have Login Info

Read the full story here: including all of the statistics and expert insights that you need to plan ahead

Download the key statistical insights from our industry-wide research here

Subscribe Now

Please share your email if you would like to receive more of the VX's unique, actionable insights.

Read the full story here: including all of the statistics and expert insights that you need to plan ahead

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Download the key statistical insights from our industry-wide research here

Read the full story here: including all of the statistics and expert insights that you need to plan ahead

Download the key statistical insights from our industry-wide research here