Corporate Actions Working Group

Key Contacts

Executive Sponsors:

• David Hands
  The Depository Trust & Clearing Corporation
• Karla McKenna
  Citibank, N.A.

Chairs:

• Mary Shine
  T. Rowe Price Associates, Inc.
• Paul Fullam
  XSP
• Sonda Pimental
  Brown Brothers Harriman
• Steven Gale
  Northern Trust Company

Mission Statement

The U.S. Corporate Actions Working Group mission is to examine business processes throughout the life cycle of a corporate action. Our goal is to define standards for the US market and examine variances with global market practice for the purpose of harmonizing corporate action messaging standards and move toward increasing automation and achieving greater STP throughout the industry. The working group recommends enhancements/modifications to the ISO corporate action message standards to ensure they meet the needs of the market. The working group is also the forum for discussing and recommending enhancements to business processes and collaborating with other industry groups in addressing new business processes within corporate actions.