DTCC Completes Move To CA Web From Legacy Systems

Corporate Actions Web service replaces PTS and PBS, adds instruction message capability

daniel-thieke-dtcc
Dan Thieke, managing director and general manager of settlement and asset services, DTCC

The Depository Trust & Clearing Corporation (DTCC) has completed its migration from the legacy Participant Terminal System (PTS) and Participant Browser Service (PBS) to the Corporate Actions Web (CA Web) service, which it launched in October.

In addition, CA Web has a new inbound instruction message that allows users to respond to the DTCC on election options for corporate actions using an ISO 20022 message, according to Dan Thieke, managing director and general manager of settlement and asset

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