Reduce Operational Risk with Complete & Accurate Corporate Actions Data.
Overview: Our corporate actions data consists of events & announcements for over 40 corporate action event types.
Coverage: DIH’s corporate actions data covers equities, fixed income, and derivatives from over 180 countries.
History: We have data going as far back as 2002.
Updates: We update our data daily.
Delivery: You can receive our data in bulk files via download, S3 to S3, on-demand via API, or via your web browser.
License Terms: We license our data for either your internal use only or for display/redistribution to your clients. Unlike other data providers, DIH does not have purge clauses – so if you ever stop receiving data from us, you do not have to a ransom to keep the data you’ve already received and for which you’ve paid.
Pricing: Several inputs go into the pricing for our data. For example, do you want corporate actions for all available countries/markets and securities, or a subset? How much history do you want? Do you want updates going forward? Contact us to learn more.
Firms (Large & Small) Struggle with Corporate Actions.
According to a recent survey of firms in the capital markets, 73% say corporate actions are a challenge. A third of them admit they manually process 50% of their corporate actions.
Given the complexity of corporate actions and lack of industry standards, they do not naturally lend themselves to automation.
Let’s face it – corporate actions are not sexy and don’t help firms win business.
Corporate actions are a big expense and source of substantial operational, regulatory and reputational risk. Considerable pain can result if you:
- Miss an event
- Miss a date
- Misinterpret an event
- Miscalculating an entitlement
That’s why firms rely upon DIH’s corporate actions data.
Corporate Actions Data Built From 400+ Sources Worldwide.
All of our corporate actions data is sourced from exchanges, central banks, ministries of finance, lead managers, and paying / calculation / transfer agents, for a total of 400 global sources on a daily basis. Much of the data involves translating source documents each day from dozens of native languages to English. Our data includes over 40 event types, such as:
- Rights Offerings
- Tender Offers
DIH’s corporate actions data is a global offering, with data for:
- Exchange-Traded Funds (ETF’s)
- Preference Shares
- Depositary Receipts
- Structured Products
- Tradable Rights
- Unit Trusts
- Open-Ended Investment Companies (OEIC)
- Mutual Funds
- Government Bonds
- Corporate Bonds
- Equity & Index Options
CORPORATE ACTIONS DATA FOR DERIVATIVES
You can keep track of corporate actions affecting future and option contracts. DIH provides detailed Exchange Adjustment Notices information in a standardized, machine-readable format with a link to the original Exchange Notice, where provided.
In addition, DIH generates two (2) feeds that may be used as an alert service, triggered by corporate actions on the underlying security:
Corporate Action Alert Feed – list of all issuers with instruments linked to the affected underlying
Derivative Series & Trading Lines – list of all the derivatives instruments linked to impacted equity
You can subscribe to the full universe or customize your feed at an exchange level, root codes, or specific underlying trading lines.
For example, you can choose to receive details for OPRA on the following event types only:
- Take Over
- Tender Offer
- Spin-Off / Demerger
- Buy Back
- Name Change
Who Can Benefit from Corporate Actions Data?
Because corporate actions data is such an integral part of the capital markets, various types of firms rely upon DIH’s data, including:
- Investment banks
- Brokerage firms
- Hedge funds (systematic & non-systematic)
- Asset managers
- Private equity firms
- Venture capitalists
- Proprietary trading firms
- High net worth investors
- Exchanges and trading venues
- Service providers (e.g. OMS, EMS, data vendors, etc.)
They utilize our corporate actions throughout their organization. The front-office’s investment banking, capital markets, wealth management, sales & trading, and research departments use our corporate actions data. Compliance, legal, and risk management also rely on corporate actions data in the middle-office. Finally, technology and clearing & settlements in the back-office depend on our data.
How Firms Use DIH’s Data.
DIH clients use our data to enhance their security master which is utilized by various teams throughout the organization. Firms utilize our corporate actions data for:
- Risk Management
- Clearing & Settlements
Given how important corporate actions data is to a firm, it is critical to have accurate, complete, and timely data from a trusted data partner.
Flexible Updates & Delivery.
Our data is updated on a daily basis. This update process “follows the sun” with data from Asian markets becoming available for download first, followed by Europe, the Middle East, and Africa (EMEA), and finally by the Americas.
We provide a master file that includes all of the requested data as of that date. Then assuming you subscribe to updates going forward, we provide a delta file each day going forward with only the changes to the master file. A full refresh of data is also available upon request.
We offer several ways to access our corporate actions data:
Bulk File Download – For most of our clients, downloading our data in bulk files is most convenient. We can deliver files in various formats (e.g. CSV) via download, S3 to S3 transfer, etc.
API – Some use cases are better suited for on-demand delivery of specific data points via an API.
Web Browser – Search our data via your web browser.