Press: Regulators eye corporate actions optimization for beneficial owner revenue boost

Read the full article here: Regulators eye corporate actions optimization for beneficial owner revenue boost – Finadium

Last year, Société Générale became the first bank to adopt Euroclear’s Cash+ Service, developed with fintech specialist Scorpeo as a solution to reclaim billions of lost revenue in corporate actions. We hear from Scorpeo’s chief executive officer, Matthew Ruoss, and Shivesh Jha, chief investment officer, about how the long-standing problems of corporate actions optimization are evolving in a new technological reality.

“Major European and Asian markets are each forgoing $100 million to $250 million per year on average”. According to Ruoss “When you take all the individual losses, collectively, they become very significant - it’s too big to ignore. Everyone along the chain has a responsibility to work together to get the best deal for beneficial owners.”