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Where the (Corporate) Action Is

In 2009, GCA VS validated and scrubbed about 990,000 corporate actions announcements, and handled 5.9 million “scheduled payment” announcements on fixed income securities. (Scheduled payments are interest or other payments made on regular, pre-determined schedules, such as monthly, quarterly or yearly.)

For 2010, the numbers appear certain to grow. Through June 30, GCA VS had already issued more than 600,000 corporate actions announcements and 4.8 million scheduled payments, putting it on track to do 1.2 million corporate actions announcements and 9 million scheduled payments for the year.