Announcement | DCAF – delivery of legacy corporate action files | July 2020
In February 2020, SOLACTIVE AG announced the release of a new corporate action file, designed to add greater insight and granularity to the reporting of upcoming corporate action events and to advise clients of the resultant changes to their index composition. The Daily Corporate Action File, referred to hereafter as DCAF, will replace the existing corporate action file as the primary source of corporate action information dissemination.
The new DCAF has been live since 9th March 2020 and we hope you have had the opportunity to review and to use the new file. The transition period where both the legacy corporate action file and DCAF are delivered in parallel was previously scheduled to end on 31st August 2020 after which time only the DCAF was to be delivered. However, we recognise the extra demands that Covid-19 and the related market volatility has placed on business operations over the last few months, and to ensure the smooth transition away from the old format corporate action file to the new DCAF, we propose to extend the transition period through to 2nd November 2020.
If you receive the DCAF file by email, your delivery will continue unchanged, you will no longer receive the old format file from 2nd November onwards.
If you consume the DCAF through FTP or SFTP, the delivery of the old format file will end, and from 2nd November, the DCAF will continue to be delivered to the current file path.
We would encourage you to take the opportunity of this extension to take whatever steps are necessary to utilise DCAF as your primary source of corporate action information and prepare for the termination of the old format corporate action file.
Should you wish to complete the transition prior to 2nd November 2020, or extend the use of the old format file beyond this date, change the FTP delivery location or email recipient list, please let us know by contacting us by email at DCAF@Solactive.com or calling Equity Operations on +49 (69) 719 160-410
Please follow the link: https://www.solactive.com/announcement-solactive-release-of-a-new-daily-corporate-action-file-dcaf/ where you will find the original release documentation providing a technical description of the contents of the new file, in addition to examples of the features and formatting of the DCAF.