About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

DTCC Automates Voluntary Corporate Actions Lifecycle

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC) has made a further move to fully automate the corporate actions lifecycle with the processing of the US market’s first automated voluntary reorganisation ISO 20022 instruction. The process was carried out by DTCC subsidiary The Deposit Trust Company (DTC) using its newly automated voluntary reorganisation service, which is part of the company’s plan to help reduce the rising costs and risks associated with corporate actions.

The service was tested with Broadridge, which services more than 60 of DTCC’s corporate actions mutual clients, and provides the ability to manage and execute corporate action instructions around time-sensitive events in a more streamlined and efficient manner. DTCC processes over 600,000 reorganisation instructions each year.

Describing the automated voluntary reorganisation service as a ‘a major milestone’, Ann Marie Bria, executive director of asset services business management at DTCC, says: “Having end-to-end automation throughout the corporate actions lifecycle will allow the industry to use fixed data formats and a standardised set of rules, creating new efficiencies while reducing risks and costs.”

Broadridge gains the ability to automate the end-to-end corporate actions lifecycle for users of its cloud-hosted corporate actions solution by incorporating automated and integrated election instructions to DTC in ISO 20022 format. Michael Wood, head of asset servicing at the company, comments: “This service will increase STP rates on voluntary corporate actions, reduce risk associated with manual errors, and provide scalability and cost savings for the industry.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Strong Governance, Privacy Policies Can Negate AI Risks, Informatica Says

Debate about the limitations of artificial intelligence (AI) in data management was stoked further this week when a leading vendor warned that applications built on nascent large language model (LLM) technology could pose an “existential threat” to companies if not deployed thoughtfully. Jason du Preez, vice president of privacy and security at cloud data management...

EVENT

AI in Capital Markets Summit London

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...