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A new white paper finds that many asset managers and others may be mismanaging their corporate actions determinations — a situation that could benefit from IT innovation.
Asset managers are not optimizing corporate action decisions “on a massive scale” and causing losses to beneficial holders in excess of $1 billion annually, which is likely to spur regulatory and litigation risks, according to a new white paper published by international law firm Greenberg Traurig and commissioned by Scorpeo, a company specializing in capturing...
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