Corporate Action Summary

Whilst the drive towards total automation (and full STP) within the industry continues, most market practitioners recognise the fact that eliminating the paper fully is still a very long way off.

SCANit can be used in a variety of places within the Corporate Action Lifecycle. Neurosoft are currently working on specific projects in Issuer Source Documentation, Interpreted Announcements and Instructions processing.

Eliminating the need for manual entry (and dual rekeying) into internal systems, SCANit substantially reduces both the risk of error associated with manual processing and the related operating costs.

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