DTC Allocation Date Service

Timely, actionable allocation data for corporate actions—delivered intraday

• About

  The DTC Allocation Date Service delivers critical, time-stamped data on when corporate actions have been paid or allocated by DTC. Designed for operational teams, treasury, and data consumers, this service provides both intraday and end-of-day reporting, empowering clients to optimize workflows, reduce manual intervention, and improve cash forecasting.

• Offering

  • Intraday Allocation Reporting: Receive updates every 30 minutes, Monday–Friday, from 9:20 am to 4:20 pm ET, with a final file at 7:20 pm ET except on DTC Holidays.
  • Flexible Delivery: Choose SFTP, Snowflake Marketplace, API, or Cloud Transfer (S3, Azure, or Google Cloud) for seamless integration.
  • Comprehensive Data Elements: Includes Event Category, CAID (corporate action event unique identifier), CUSIP, Security Name, Event Type, Option Number & Description, Payout Number & Description, Record Date, Payment Date, Effective Date, DTC Position Capture Date, and DTC Allocation Date & Time.

• Benefits

  • Timely payout confirmations from DTC at the CUSIP / Event / Option / Payout level are essential for asset managers and back-office teams to efficiently process corporate action payments throughout the day.
  • Enhanced transparency for buy-side firms by increasing awareness of corporate action payment timelines – enabling upstream accountability and ability to anticipate payment schedules—even when they differ from the declared payable date (PD).
  • Strengthened cash management by optimizing liquidity and treasury operations – preventing idle funds and reduced costs tied to locked-up capital.
  • Mitigated financial and operational risks, such as delayed fund usage, late payment liabilities, and unnecessary operational overhead. This includes front-office challenges including cash yield erosion, duration mismatches, overdrafts, or forced asset sales, and back-office manual interventions, event research, reconciliation, and inquiry management.

• How It Works

  1. Data Sourcing: Sourced from DTC Asset Services, Corporate Actions.
  2. Intraday Files: Distributed every 30 minutes during business hours with a final file at 7:20 pm ET, except on DTC Holidays.
  3. Delivery Options: Files available via SFTP, Snowflake Marketplace, API, or Cloud Transfer (S3, Azure, or Google Cloud), per client preference.
     
      

• Who Should Use This Service?

  • Operations teams seeking to automate allocation tracking
  • Treasury and liquidity managers
  • Data vendors and redistributors
  • Financial institutions requiring timely, actionable allocation data

• Data Elements

  Field	Description
  Event Category	The general category for event type: Distribution, Redemption, Reorg
  CAID	Unique DTC Corporate Action Identifier
  CUSIP	Security Identifier
  Security Name	Name and description of the security
  Event Type	Type of corporate action
  Option Number	A number that identifies an option uniquely within an event
  Option Description	A description of each Option Number. There are twelve valid values, such as Cash, Cash and Securities, and Foreign Tax Favorable.
  Payout Number	A number that identifies a payout uniquely within an option of an event
  Payout Description	A description of each Payout Number. There are eight valid values, such as Dividend, Interest, and Securities.
  Record Date	Date of record for entitlement
  Payment Date	Payment Date as declared by the Issuer (if applicable)
  Effective Date	Date action is effective, as declared by the Issuer (if applicable)
  DTC Position Capture Date	Date DTC captures positions and creates entitlements (if applicable)
  DTC Anticipated Payment Date	Date on which DTC expects to be paid on a corporate action and to further disseminate payment to its direct DTC Participant firms(This may differ from the declared payable date)
  DTC Allocation Date & Time	Actual allocation timestamp of the date and time at which DTC began to allocate payments to its direct DTC Participants

• Delivery

  • Frequency: Intraday (every 30 min), EOD (4:20pm & 7:20 pm ET)
  • Mechanisms: SFTP, Snowflake Marketplace, API, Cloud Transfer (S3, Azure, Google Cloud)
  • Format: Standardized, machine-readable files

• Compliance & Security

  • No confidential or transaction-level data included