Xcitek Out in DTCC's GCA Revamp

FRONT PAGE: OPERATIONS

The Depository Trust & Clearing Corp. plans to move its Global Corporate Actions Validation service onto a new, internally developed and managed technology platform, replacing Xcitek's XSP platform, which currently underlies GCA.

The migration is part of the DTCC's plan to focus on corporate actions data as a distinct business line separate from the actual corporate actions processing.

The DTCC has already begun adding supplementary content with the introduction of in-depth corporate announcem

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