Looking from outside at the sophisticated securities services workflow across borders, banks and intermediaries, Corporate Actions processing is probably the most critical component. End-consumers pay large fees to their bank depositaries and, in return, expect perfect service.
We at UniCredit GSS are delighted to observe how seriously this issue is being taken by legislators – please see our stories from Hungary, Russia and Czechia – because this helps us to perform our role as a sub-custodian with the utmost accuracy.
The combination of having physical presence with the best people on the ground and a standardised, flawless information flow that rules out misinterpretations or delays is in the best interest of our clients and their customers.
In the name of UniCredit’s entire GSS Team,
Head of Global Sales & Relationship Management GSS