Summary
Corporate actions remain one of the most fragmented and error-prone areas of post-trade infrastructure. According to The Depository Trust & Clearing Corporation (DTCC), the global cost of corporate actions processing now exceeds $58 billion annually, driven largely by unstructured disclosures, duplicative validation steps, and inconsistent data flows across intermediaries and systems.
Chainlink, together with 24 of the world’s largest financial market infrastructures and institutions, including Swift, DTCC, and Euroclear, is establishing a new, unified infrastructure for streamlining corporate actions processing. This is accomplished by leveraging the Chainlink oracle platform, blockchains, and artificial intelligence (AI) to extract, validate, and deliver corporate actions data in a standardized format across both blockchain networks and traditional financial systems. Our work represents a transformative approach to how a cross-market standard for corporate actions processing can be implemented across the global financial system.
Key Takeaways
A Trusted Framework for Enriching and Validating Corporate Actions Data
Our work introduced a comprehensive framework for extracting, enriching, and validating corporate actions data with institutional-grade integrity.
Bridging Traditional Systems and Blockchain Networks With Unified Data Delivery
The solution showed how validated corporate actions data can move frictionlessly between traditional financial systems and blockchain networks, supporting both legacy integration and tokenized infrastructure.
Enabling Multi-Market Reach and Global Tokenization Adoption
Our work also laid the critical groundwork for the growth of tokenized asset markets by producing a unified and verifiable source of truth that can be accessed across both public and private blockchains as well as a wide range of jurisdictions and asset types.