Our Redemptions service supports the full lifecycle of redemption events for eligible securities held at The Depository Trust Company (DTC). Acting as a centralized intermediary among issuers, agents and DTC Participants, the service announces upcoming events, communicates key dates and terms, calculates and reports participant entitlements, and collects, allocates and reports cash or securities payments. By integrating event information and payment processing within DTC’s infrastructure, the service helps participants monitor obligations, reconcile positions and receive proceeds through established settlement workflows.

Centralizing announcements, allocations and payments can reduce reliance on separate agent communications, limit manual reconciliation and provide a more consistent view of event status. This helps firms process proceeds more accurately and efficiently, meet time-sensitive operational requirements and reduce cost and risk across the redemption lifecycle.