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Corporate Actions Reengineering

DTCC's Corporate Actions Reengineering project will be implemented in phases over the course of the next several years, with the goal of retiring all legacy systems on or before 2015.

Source Update The goals of the multi-year reengineering project will be -- over time -- to upgrade and replace many of the 60 legacy systems that currently support corporate actions at DTCC. Technical documents and specifications will be updated and published here as the reegineering project continues to move forward.

Migration Guide For Adoption of ISO 20022 Messaging

This migration guide provides a summary of the major changes associated with the reegineering effort.

Product Migration Guide for Adoption of ISO 20022 Messaging (1.1 MB, .pdf) (Updated February 2012)

ISO 20022 Messaging Specifications

Corporate Actions Messaging Specifications for ISO 20022 - intended as an implementation overview for both technical and business experts.

Standard Release 2012 (SR 2012)

Announcements

ISO 20022 Message Specifications for Announcements – Standard Release 2012 (Updated October 2, 2012)

Distributions Lifecycle (Entitlements, Allocations and Instructions Message Types)

ISO 20022 Message Specifications for Corporate Actions Lifecycle (Updated October 2, 2012)

Standard Release 2013 (SR 2013) - Deployed in November 2013

Announcements

ISO 20022 Message Specifications for Announcements – Standard Release 2013 (Updated April 4, 2013)

Distributions Lifecycle: Entitlements and Allocations Message Types

ISO 20022 Message Specifications for Entitlements & Allocations - Standard Release 2013 (Updated April 4, 2013)

Distributions Lifecycle: Instructions Message Types

ISO 20022 Message Specifications for Instructions- Standard Release 2013 (Updated April 4, 2013)

Business Documentation / Scenarios

This collection of documents provides detailed mappings of event types to function / activity codes.

Legacy Mappings

This collection of documents provides information on the various DTCC legacy files impacted by the corporate actions reengineering project. This includes mapping for 1) announcements and 2) lifecycle messages for entitlements, payments and allocations.

FAQs, Implementation Timeline and Key Deliverables

Frequently Asked Questions (FAQs) and implementation timeline for the DTCC Corporate Actions Reengineering initiative

Transforming Corporate Actions (XBRL)

Learn more about how the industry plans to transform how corporate actions are announced: a business case by DTCC, SWIFT, and XBRL US recommending changes to the current process

XBRL White Paper

Corporate Actions Reengineering Brochure and Onboarding Kit

DTCC’s Corporate Action reengineering project will transform how DTCC processes and communicates with its Participants and clients across the whole corporate actions lifecycle, from announcement through to payment.

Download File

Moving Towards the ISO 20022 Standard Webcast

This webcast provides an overview of how to use the documentation needed to map from DTCC's legacy data files to the ISO 20022 Standard, complete with a high level mapping example.

View Demo

Who to Contact

DTCC is committed to working with customers and the vendor community to prepare for this transition. For more information, please contact careengineering@dtcc.com.

Contact

DTCC Launches Corporate Actions ISO 20022 Test Pilot

The Depository Trust & Clearing Corporation (DTCC) today announced it will launch a pilot program testing new ISO 20022 corporate actions announcement messages and its new browser-based user interface with five leading corporate action users on April 25.