Asset Servicing – Data Sourcing Paper
Read the Asset Servicing Working Group`s latest paper entitled ‘Corporate Action Data Sourcing – The Case for a Standardized, Automated Single Source Model`.
This paper should be read by all parties that are involved in the sourcing of Corporate Action data and are struggling with inefficient processes and/or ineffective regulation. The WG participants recommend that Securities Services providers should read it and then review the information with their technology specialists and their local regulators. By sharing this information, outlining the challenges as well as highlighting the solutions that already exist, Securities Services providers have the opportunity to shape a better future for both themselves and the broader financial industry.