Thought Leadership
Industry Issues
DTCC Reengineering - DTC, GCA Files Face Retirement
As DTCC begins to implement industry standard formats for its corporate action reengineering, all DTC and GCA outbound and inbound files will be replaced. Customers must understand, however, that DTCC is not eliminating any of the data that is currently provided in the files and, that in some cases, additional data will be made available.
Participants have a choice of selecting either an ISO or XML message; the messages will not carry any product distinctions such as Dividend or Reorg. The main difference between ISO and XML is that the ISO message contains structured narrative for DTC and GCA specific fields. The XML message provides field level statuses that are NOT available in the ISO version.
All files except those with the agent community will be replaced. Below is a complete list of files being retired and the available ISO and XML option.
| CCF file | Record Format | CCF File Description | ISO | XML | Remarks |
|---|---|---|---|---|---|
| CMORTx | CMORTA | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTB | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTC | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTD | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTE | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTF | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTG | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTH | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| CMORTx | CMORTS | Contains information about Interest Rate, Principal rate and Factors | MT564/568 | XML Event Notification | Event Notification |
| DIVANN | DIVANN | Contains information about all Dividend Events created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| MUNANN | MU$ANN | Contains information for Interest Events for Municipal Bonds | MT564/568 | XML Event Notification | Event Notification |
| RDPRP2 | RDPRP2 | Contains information about Dividend Events and Proxy Events created/modified during the processing cycle (After the last run) | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGA | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGB | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGC | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGD | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGE | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGF | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGG | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGH | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | DVCHGI | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | RDPRPT | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | RDPRPT | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| RDPRPT | RDPRPT | Contains information about Dividend Events (Report Code =1 for New Events; Report code=2 for Updated Events) created/modified during the processing cycle | MT564/568 | XML Event Notification | Event Notification |
| REDEMx | REDEMA | Contains information on individual redemptions, Agents, Lottery details and Comments | MT564 / MT568 | XML Event Notification | Event Notification |
| REDEMx | REDEMC | Contains information on individual redemptions, Agents, Lottery details and Comments | MT564 / MT568 | XML Event Notification | Event Notification |
| REDEMx | REDEMG | Contains information on individual redemptions, Agents, Lottery details and Comments | MT564 / MT568 | XML Event Notification | Event Notification |
| REDEMx | REDEML | Contains information on individual redemptions, Agents, Lottery details and Comments | MT564 / MT568 | XML Event Notification | Event Notification |
| REDEMx | REDEMX | Contains information on individual redemptions, Agents, Lottery details and Comments | MT564 / MT568 | XML Event Notification | Event Notification |
| REOGN2 | REOGN2 | Contains information about REORG Events | MT564 / MT568 | XML Event Notification | Event Notification |
| REOGN2 | REORGA | Contains information about REORG Events | MT564 / MT568 | XML Event Notification | Event Notification |
| REOGN2 | REORGC | Contains information about REORG Events | MT564 / MT568 | XML Event Notification | Event Notification |
| REOGN2 | REORGM | Contains information about REORG Events | MT564 / MT568 | XML Event Notification | Event Notification |
| DIVRDP | DIVRDP | Record Date Position and interim activities / adjustments, Stock Loan Repo/Fail positions | MT564 / MT568 | XML Entitlement Notification | Entitlement Notification |
| RAMPOS | RAMPOS | Positions on CUSIP affected by Redemption/Reorg Event | MT564 / MT568 | XML Entitlement Notification | Entitlement Notification |
| RDMENT | RDMENT | Information about Entitlements For Reorg Deposits made on a day | MT564 / MT568 | XML Entitlement Notification | Entitlement Notification |
| REORDP | MMIRDP | Reorg / Record Date Positions for Reorg / MMI Event | MT564 / MT568 | XML Entitlement Notification | Entitlement Notification |
| REORDP | REORDP | Reorg / Record Date Positions for Reorg / MMI Event | MT564 / MT568 | XML Entitlement Notification | Entitlement Notification |
| RTOSUB | RTOSUB | Subscription Agent recieves Instruction details for the purpose of proration (for Exercises for which the Participants have selected the Over subscription provision) | NA | Agent Interfaces - No ISO or XML messages | |
| RTS1-5 | RTSLUV | Participants use to pass Over Subscription Proration information for Rights Exercised | MT565 | Instructions | |
| RTS1-5 | RTSOVS | Participants use to pass Over Subscription Proration information for Rights Exercised | MT565 | Instructions | |
| CSHDAL | CSHDAL | MMI Cash allocation (EOD Cash Allocation Information) | MT566 | XML Payments | |
| CSHDAL | CSHDPJ | MMI Cash allocation (Projected Allocation Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is a projection |
| CSHDAL | CSHDUN | MMI Cash allocation (Unallocated funds Report) | Mt566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHDAL | CSHRAL | MMI Cash allocation (EOD Cash Allocation Information) | MT566 | XML Payments | |
| CSHDAL | CSHRPJ | MMI Cash allocation (Projected Allocation Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is a projection |
| CSHDAL | CSHRUN | MMI Cash allocation (Unallocated funds Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHSET | CSHEUD | Cash Allocation Information (Unallocated Fund Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHSET | CSHIUA | Cash Allocation Information (Unallocated Fund Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHSET | CSHIUB | Cash Allocation Information (Unallocated Fund Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHSET | CSHIUC | Cash Allocation Information (Unallocated Fund Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| CSHSET | CSHPRJ | Cash Allocation Information (Projected Allocations) | MT566 | XML Payments | With indicator in the narrative section denoting that this is a projection |
| CSHSET | CSHSET | Cash Allocation Information (Cash Allocations) | MT566 | XML Payments | |
| CSHSET | CSHSTA .. | Cash Allocation Information (Cash Allocations) | MT566 | XML Payments | |
| CSHSTG | |||||
| CSHSET | CSHUNL | Cash Allocation Information (Unallocated Fund Report) | MT566 | XML Payments | With indicator in the narrative section denoting that this is for unallocated |
| SDARSTK | STKDIS | Stock allocation (Allocation Report) | MT566 | XML Payments | |
| SDARSTK | STKPND | Stock allocation (Projected Allocations) | MT566 | XML Payments | With indicator in the narrative section denoting that this is a projection |
| SDARSTK | STKSTA .. | Stock allocation (Allocation Report) | MT566 | XML Payments | |
| STKSTI | |||||
| SDARSTK | STKSTL | Stock allocation (Allocation Report) | MT566 | XML Payments | |
| ATOPCCF | ATODTC | Tender Agents receive this report for instructions submitted | NA | Agent Interfaces - No ISO or XML messages | |
| ATOPCCF | ATORTC | Tender Agents receive this report for instructions submitted | NA | Agent Interfaces - No ISO or XML messages | |
| CDSPAY | CDSPAY | Provides voluntary election instructions for DTC eligible Canadian securities that are also Elective Dividend Foreign Tax Withholding Service (EDS) eligible | NA | Agent Interfaces - No ISO or XML messages | |
| IRT1-5 | IRTCST | Rights Instructions (Rights Subscription, Protects, Cover Protects to DTC/ Agent) | MT565 | Instructions | |
| IRT1-5 | IRTCTL | Rights Instructions (Rights Subscription, Protects, Cover Protects to DTC/ Agent) | MT565 | Instructions | |
| IRT1-5 | IRTLUW | Rights Instructions (Rights Subscription, Protects, Cover Protects to DTC/ Agent) | MT565 | Instructions | |
| RPP1-5 | RPPCST | Put Instructions | MT565 | Instructions | |
| RPP1-5 | RPPDTL | Put Instructions | MT565 | Instructions | |
| RPP1-5 | RPPOUT | Put Instructions | MT565 | Instructions | |
| RTP1-5 | RTPDTL | Tenders Instructions (Submit, Protects, Cover Protects, withdrawl) | MT565 | Instructions | |
| RTPOUT | RTPOUT | Tenders Instructions (Submit, Protects, Cover Protects, withdrawl) | MT565 | Instructions | |
| RWP1-5 | RWPCER | Warrents Instructions (Submit, Protects, Cover Protects, withdrawl) | MT565 | Instructions | |
| RWP1-5 | RWPDTL | Warrents Instructions (Submit, Protects, Cover Protects, withdrawl) | MT565 | Instructions | |
| USTAX1 | USTAX1 | CDS US-Tax Instruction | MT564/568 | XML Entitlement Notification | Entitlement Notification |
| - | - | - | MT567 | Status advice XML | Status information about the instructions. No CCF equivalent |
| DARC | DARC | Send by DDA To confirm payment | NA | Agent Interfaces - No ISO or XML messages | |
| DCN1-5 | DCNDTL | Used by agents to assign Control Numbers to Payment Details | NA | Agent Interfaces - No ISO or XML messages | |
| DIR1-5 | DIRCNF | Send by Dividend Agents To confirm payment | NA | Agent Interfaces - No ISO or XML messages | |
| PBLCCF | PBLDTL | Send by DDA To confirm payment | NA | Agent Interfaces - No ISO or XML messages | |
| PWP | RAPPFR | Redemption paying agents confirming Redemption Payment for Full Calls, Partial Calls and Maturities, thereby reducing manual intervention | NA | Agent Interfaces - No ISO or XML messages | |
| RAPCPN | RAPCPN | Upcoming Payments for Coupons send by DTC to the Agents | NA | Agent Interfaces - No ISO or XML messages | |
| RAPPER | RAPPER | Upcoming Payments for Redemption Maturities, Partial and Full Calls send by DTC to the Agents | NA | Agent Interfaces - No ISO or XML messages | |
| RAPRED | RAPRED | Upcoming Payments for Municipal Bonds send by DTC to the Agents | NA | Agent Interfaces - No ISO or XML messages | |
| RARSCCF | RARREC | Tranmit CUSIP level redemption payment wires send to DTC bank Account | NA | Agent Interfaces - No ISO or XML messages |