Actions speak louder

Financial consultancy firm CityIQ, commissioned by Swift and SmartStream, canvassed over 240 firms about their activities in the corporate actions arena. The May 2003 survey showed widespread automation potential.

Over the last few years corporate actions automation has been the subject of innumerable articles, conferences, presentations, reports and workshops. The industry has watched as the number of vendors with corporate actions products has increased from a handful to nearly 30 companies.

Although the pedigree of many of these offerings has yet to be proved, there is no doubt that the vendor community decided early on that the corporate actions space was a good place to be. Yet despite all the

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