Corporate Actions in Australia: The Case for Transformation

Foreword

image

Welcome

Corporate actions have come out of the shadows.

After decades of inactivity, the last few years have seen unprecedented change in the corporate actions landscape - with markets, vendors and investors instigating major transformation across their parts of the lifecycle.

The ValueExchange has been sourcing and providing transparent, data-based insights to support the business case for these transformations since 2019.

This is our third in-depth, market-wide research campaign in the asset servicing space. Having confirmed that the average business unit faces annual costs of USD2 million due to corporate action errors (in our Asset Servicing Innovation report); we then confirmed that the majority of these costs are derived from data sourcing and management (in our Corporate Actions 2021 report).

This report continues our focus on the importance of event data in our industry.

By providing detailed insights on how the Australian Securities Exchange (ASX) is leading global innovation in one of the world's most complex corporate actions markets, we are excited to showcase solutions that the industry can leverage in our collective quest for shareholder value in corporate actions.

This report draws together views from over 60 firms across the Australian corporate action community - to help you chart the right course for change tomorrow.

Visit us our resources site or contact us to take this conversation forward with us.

Barnaby Nelson (CEO, the ValueExchange)

Who participated in this research?

image

Why does this matter?

Listen to the podcast!

Download our podcast interview where Barnaby Nelson (from the ValueExchange) interviews Jamie Crank and Tim Hogben from ASX to understand the starting point for this discussion - in terms of market context, issues and challenges faced by the industry.

If you would like to learn more from ASX about how the Real Time Corporate Actions Service can simplify your operations then please reach out!

image