Optimizing Corporate Action Processing with AI: TradeHeader at the DTCC AI- Powered Hackathon

During the week of February 3rd, the DTCC AI-Powered Hackathon took place, an event that brought together leading companies to address some of the most critical challenges in capital markets.

TradeHeader participated in the Hackathon, showcasing its commitment to innovation, collaboration, and the power of open-source technology in driving meaningful change.

Addressing Challenges in Corporate Action Processing

Financial institutions process millions of trades daily across various asset classes. However, fragmented data and high transaction volumes make corporate action synchronization complex and prone to errors. Without standardized integration, many firms still rely on manual processes, leading to inefficiencies, delays, and increased operational risks. To tackle these issues, an automated and robust solution is essential for real-time event detection and impact analysis.

Introducing the TH Corporate Action Sentinel

At the Hackathon, TradeHeader presented the TH Corporate Action Sentinel, an AI-powered system designed to enhance the automation and accuracy of corporate action processing in financial markets. This solution offers a proactive approach to corporate action management, reducing manual intervention and improving efficiency.  

Some feature of the TradeHeader Corporate Action Sentinel are:

• Automated Event Extraction: Identifies corporate action events from news feeds and external data sources.
• ISO 20022 Compliance: Generates and validates ISO 20022 corporate actions notifications to ensure standardization.
• Data Enrichment & Matching: Enhances reference data and aligns corporate actions with existing trade positions.
• Seamless Integration: Connects with the FINOS Common Domain Model (CDM) for automated trade impact assessment.
• Intuitive User Interface: Provides a clear visualization of events, trade impacts, and decision-making insights.

By leveraging AI-driven automation, the TH Corporate Action Sentinel transforms corporate action processing from a fragmented, reactive task into a streamlined, proactive workflow. The system enhances compliance, efficiency, and operational reliability in capital markets.

Pushing the Boundaries of AI in Financial Markets

TradeHeader acknowledges the contributions of its dedicated team in developing this innovative solution and appreciates the efforts of the Depository Trust & Clearing Corporation and FINOS in organizing such an enriching event. The different innovative projects presented at the Hackathon highlight the potential of AI to drive meaningful transformation in financial processes.

In TradeHeader we are committed to pushing the boundaries of AI-powered solutions, ensuring a more efficient and automated approach to standardized integration in financial markets.