Asset servicers face financial and reputational risk in the face of growing complexities in regulations with regards to the processing and validation of corporate actions data. Inconsistencies in data received by custodians have led firms to reconsider the reliability of custodian messages, underscoring the need for financial institutions to evolve from antiquated and operations and implement robust data validation processes. In addition, rising volumes in corporate actions announcements combined with the manual nature of data reconciliation and validation serves as a substantial drain on resources for firms managing these processes in-house.
The ever-evolving challenges and transformations in the industry have led to a rise in organizations seeking outsourced solutions to eliminate time-consuming and error-prone data scrubbing processes. In this case study, we explore how a large investment bank evolved beyond manual validation leveraging S&P Global Market Intelligence’s award-winning Agent Validation Service; allowing them to optimize their operations and re-focus internal resources on core business activities.

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To learn more about S&P Global Market Intelligence’s Managed Services for corporate actions, visit the following page to read our use case series: ‘The Intersection of Managed Services and Corporate Actions’