SocGen streamlines corporate actions with Euroclear tool

The French bank is deploying the Cash+ service to help improve the elective dividends process. 

Often dismissed as back-office minutiae, failures in corporate actions pose a material risk to markets, clients, and counterparties. Elective dividends, where companies give shareholders a choice as to whether they receive cash or shares, should be a smooth process, but the area's systemic underinvestment creates a bumpy road. 

Read the full article with Waters Technology