The DTCC CA 20022 Service vastly improves operational efficiency and reduces errors in processing critical events by using Corporate Action ID and ISO 20022 common messaging to deliver near-real-time messaging on U.S. corporate actions, including for American Depositary Receipts. Corporate Action ID, a DTCC innovation, assigns a unique identifier to each event. DTCC, one of the world’s first companies to adopt ISO 20022 messaging for corporate actions, has worked with its clients and the industry as a whole to create a mature and efficient flow of information.
The DTCC CA 20022 Service provides notifications for:
Distributions – including cash and stock dividends, principal and interest payments, and capital gain distributions
Redemptions – including full and partial calls, final paydowns, and maturities
Reorganizations – including exchange offers, conversions, and Dutch Auctions