The Automation Imperative in Asset Servicing

 

• What are the core points and challenges presently dealing with the asset servicing sector?
  
  
• What’s the long-term case for trade standardisation from issuer to investor?
  
  
• How can monetary establishments modernise their techniques to minimise price and threat presently related to asset servicing?

 

The asset servicing world is in want of modernisation. In line with the Worldwide Securities Providers Affiliation’s (ISSA) analysis from 2024, traders are presently carrying a value of USD $14 million for company motion processing, and traders’ asset servicing prices are rising by 23% every year.

On the core of those points lies course of and know-how. Monetary establishments are suffering from processing errors and information gaps and provided that 72% of messages at the moment are nonetheless processed manually, the chance is extreme. Establishments can handle these dangers by modernising techniques to permit for asset servicing automation.

At the moment, asset servicing may be very individuals intensive on each the issuer and investor facet, in addition to with intermediaries. Higher automation gives alternatives that will enable establishments to not simply lower threat (by as a lot as 87%), however decrease prices as effectively. So how can monetary establishments handle the core points they’re dealing with and successfully modernise their techniques and processes?

Register for this Finextra webinar, hosted in affiliation with Broadridge, to affix our panel of trade consultants who will talk about the alternatives of asset servicing automation and the way it addresses the core points monetary establishments are presently dealing with.