June 15, 2023
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.
We achieved a measurable and significant improvement of resource productivity, lower production costs and an optimised staff mix across more than 50 countries and 60 general ledgers
We helped the US equities operations of a top 3 US bank migrate from internal operations processing to a Broadridge managed service
We standardised the corporate data, analytics and reporting for a credit risk approval process across more than 80 countries in Europe, Asia and Latin America
