About a-team Marketing Services

A-Team Insight Blogs

DTCC and Broadridge Team Up to Automate Voluntary Corporate Action Instructions

Subscribe to our newsletter

DTCC subsidiary The Depository Trust Company (DTC) has enhanced its Reorganizations service to offer an automated process for submitting instructions for voluntary corporate actions in ISO 20022 format. The service is designed to replace manual submission processes and is expected to reduce risk associated with human error and provide cost savings for clients.

Broadridge Financial Solutions is the first fintech provider to connect to the service, which will allow members of both DTCC and Broadridge Global Asset Servicing Solutions to manage and execute corporate action instructions around time-sensitive events in a more streamlined and efficient way, increasing straight-through-processing rates and minimising the risks of manual instructions.

Broadridge services more than 60 DTCC corporate actions clients and will provide end-to-end integration with ISO 20022 messages for corporate actions lifecycle entitlements.

After a testing period is completed, Broadridge expects to go live with DTCC’s automated solution early this year. The company will continue to help DTCC with testing to support mutual clients’ needs, and identify process enhancements and the best path to implementation.

“This new offering for Broadridge’s Global Asset Servicing Solutions increases straight-through-processing rates for voluntary corporate action instructions from financial advisors to agents,” says Michael Wood, head of asset servicing at Broadridge.

In a separate joint effort, Broadridge and DTCC are evaluating ways to achieve data standardisation for equity corporate actions events. The aim is to achieve a golden copy record of corporate actions announcements sourced from issuers, which can be disseminated to all market participants.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

Nine Recently Updated Private-Market Data and Technology Offerings

Capital-market volatility, squeezed margins and geopolitical tensions are encouraging asset managers to look more broadly across asset classes to spread risk and increase returns. Private markets and other alternative assets have been huge beneficiaries of this trend and are likely to continue gaining share of invested capital, with Preqin estimating that investment in private markets...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...