Corporate Actions: Anxiety and Curiosity Around DTCC's New Hub

The DTCC's initiative to stake a greater claim to the corporate action space presents stiff competition or new opportunity, depending on the perspective.

When industry utilities branch out to for-profit ventures, the industry gets nervous. The Depository Trust & Clearing Corporation (DTCC) and its Global Corporate Actions Hub (GCAH), which should launch in the second half of 2003, is no exception. The new hub promises to improve the delivery of global corporate actions data to the industry, standardize the corporate actions data format and provide one-stop-shopping for corporate actions data feeds. But many vendors are more concerned about

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