Along with the barrage of other corporate actions vendor updates this week (see SIX Telekurs’ recent win here, Information Mosaic’s Swift certification here and Interactive Data’s service enhancements here, for example), the Depository Trust & Clearing Corporation (DTCC) announced that it has added data on scheduled payments on around 2.4 million bonds held by the Fed to its Global Corporate Action Validation Service (GCA VS). The corporate actions data cleansing vendor is also currently in the throes of a major system overhaul, which vice presidents of DTCC Asset Services Chris Childs and Dan Thieke explain is currently in its second phase and will eventually result in the replacement of 60 legacy systems.

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