The Depository Trust & Clearing Corporation (DTCC) introduces a new low-cost Web browser service that offers real-time, unlimited access to all global, validated corporate action information in its database.
GCA Browser provides a direct connection to the GCA Validation Service data base, a centralized source of the highest quality scrubbed corporate action announcement information on global securities.
The GCA service team validates data on over two million securities in over 160 countries through an intricate process of mapping, normalizing and consolidating announcement information, generally referred to in the industry as scrubbing. The team of 68 experts located in service centers in New York, London and Shanghai then enrich the data through follow-up research, relying on over 200 sources to deliver the golden copy of the data.
The browser is available as a separate and stand-alone service offering to new clients or existing clients of the GCA Validation Service. Clients can select as a subscription option whether they wish to view corporate actions against global securities or against US/Canadian securities.
GCA Browser Features:
The GCA Browser offers a number of capabilities that streamline access to corporate action information.- Real time unlimited access to all GCA data in full detail through a secure Web-based inquiry tool- No need to provide a Security of Interest (SOI) portfolio file- Expandable search capability to include all exchanges even for a market- specific security,
– Create and save common searches for re-use- Create personalized watch lists of securities- View attached documents or Web links (e.g. prospectus or press release) as well as a comprehensive audit trail of when and how the corporate action event was created/updated throughout its life cycle- Help Desk support request available directly from the application.
This powerful online tool provides a low-cost entry point to the kind of data once only available to those who subscribed to multiple and expensive data sources, says Brett Lancaster, vice president, GCA, DTCC. The GCA Browser gives corporate action professionals, researchers, and front and back-office teams easy access to our precisely aggregated and deeply validated corporate actions data.
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