Speakers Put Risk Reduction Complexities in the Spotlight
London - Senior management may suggest a "person off the street" can run corporate actions processing, but in reality firms need to improve automation, hire specialized staff and improve reporting processes to reduce risk, said speakers at the European Financial Information Summit in London in September.
Pennsylvania-based Amy Harkins, managing director, global corporate events worldwide, Bank of New York Mellon (BNY Mellon), said strong reporting and error tracking procedures can help reduce
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