--> Corporate Action Risk and Solution Assessment - Davies

Corporate Action Risk and Solution Assessment

We performed analysis and documented the current corporate action process flow

The Challenge

We were employed to perform a Risk and Solution Assessment.

Our Approach

The team performed a gap analysis by documenting the current corporate action process flow. Doing so identified the lack of automation and heavy reliance on manual functionality and controls.

Our Impact

We provided recommendations for updating to SWIFT ISO 20022 processing, implementing automation, and controls around new processes to mitigate risk.

Meet our specialists

Sharde McCorkle

View full profile

Explore more case studies

Banking & Markets

Reconciling Breaks & Aged Open Balances for a Tier 1 Bank

Davies successfully resolved over $700 million dollars in open payables and receivables

Banking & Markets

Operational RWA data quality and remediation

Our implementation of this tactical remediation process yielded a material 30% reduction in risk weighted assets.

Banking & Markets

Real time customer due diligence

We implemented real time customer due diligence and batch KYC rolling reviews for a USA electronic bank for a major Wall Street firm