Best Corporate Actions Initiative (Vendor): DTCC
IRD/IMD Awards 2017
![IMD/IRM Awards 2017 Best corporate Actions Initiative Vendor](/sites/default/files/styles/landscape_750_463/public/2017-06/3.%20Best%20corporate%20Actions%20Initiative%20Vendor%20-%20DTCC%20DataPro.jpg.webp?itok=DmpjO2Ol)
It is DTCC DataPro’s CA ISO 20022 Messaging and CA Web Data Services that have landed it this award. This year DTCC rebranded its data products to DTCC DataPro and, through DTCC DataPro, clients can subscribe to its Corporate Actions Announcement Data Service, providing them with options to subscribe to the automated ISO 20022 Corporate Action Announcement messages and its online web portal CA Web Data Services to view CA Announcements.
DTCC DataPro’s CA ISO 20022 Messaging and CA Web Data Services date back to the Depository Trust Company’s (DTC) multi-year CA Transformation Initiative, which began in 2010 and introduced a shift in the way corporate actions were communicated to clients by increasing automation and ease of use.
As part of the initiative proprietary CA announcement files were converted into the industry-standard ISO 20022 format and provide clients with near real-time information instead of end-of-day or batch-file processing. The initiative also resulted in the group developing the browser-based platform CA Web Data Services for CA announcements. This has been celebrated for its search and export functionalities and robust dashboard views, which allow users to select what they would like to view.
With CA ISO 20022 Messaging and CA Web Data Services, subscribers can identify business-critical corporate action announcements in near-real time for 1.3 million active security issues, enabling them to better manage risk and ensure operational efficiency. The services source their announcement data from the DTC, a DTCC subsidiary and the world’s largest securities depository.
Following the release of the services, DTCC has seen interest in the data from a broader audience. “We’re proud to have been able to expand our community to include end-clients, data vendors and even research institutes as users of our CA Announcement data,” says Ann Marie Bria, executive director of corporate actions business management at DTCC.
The combination of the automated ISO 20022 offering and web portal for tracking and managing CAs appears to be the winning formula, satisfying the different needs of a whole spectrum of clients.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Asia Awards 2024: Best transaction-cost analysis (TCA) solution—big xyt
Product: Open TCA
Asia Awards 2024: Best middle-office platform—EquiLend
Product: EquiLend Spire
Women in Technology & Data Awards 2024 winner's interview: Joanna Davies (OSTTRA)
OSTTRA's Joanna Davies won the vendor professional of the year (data and operations) category in this year’s Women’s awards.
WatersTechnology Asia Awards 2024: All the winners and why they won
Here are the vendor and end-user winners of the 34 categories that make up the 5th annual WatersTechnology Asia Awards, announced on June 20.
Asia Awards 2024: Best analytics solution—oneZero
Product: oneZero Data Source
Asia Awards 2024: Best alternative data provider—RavenPack
Product: RavenPack Factor Library