A changing operational landscape

Tracking and processing corporate actions have become major priorities for many buy-side firms. Clive Davidson reports on the measures being put in place to manage the risks

Corporate actions is one of the last areas to receive attention, as asset management firms attempt to improve the efficiency of their back-office operations and reduce operational risks. Because corporate actions can be so diverse and complex, and involve communications back and forth between several parties, they are difficult to reduce to a simple set of standard formats and processes. But