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Positions · Illustrative use case

Corporate Action Reconciliation

Compare dividend, split, rights, and merger records to find differences in event postings, dates, and rates.

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Corporate Action Event
Example equity — Cash Dividend
1 break
Custodian File
Ex-Date 2025-02-10
Pay Date 2025-02-14
Rate $0.25
Currency USD
Internal System
Ex-Date 2025-02-10
Pay Date 2025-02-15
Rate $0.25
Currency USD
Pay date mismatch
1-day difference between custodian and internal system

Illustrative records and figures. Your workflow uses supplied files or configured sources, with mappings, comparison rules, and review steps agreed during setup.

The problem

Corporate actions create subtle, costly mismatches. Holdings differ by a few shares, accruals don't line up, ex-dates are misapplied. These breaks ripple into NAV and investor reporting.

1

Example source records

Custodian event file Internal security master
Administrator event file Portfolio event records
Market data event file Internal adjustment records
2

Differences to investigate

Missing or duplicated event postings
Incorrect pay date or FX conversion
Dividend accrual double-posted or missed

From comparison to review

Compare event details before reporting.

Map event identifiers, dates, currencies, and rates from the supplied records. Review the comparison rules, then investigate missing postings or differences with both source values in view.

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Related use cases

Dividend & Income Custodian vs Prime Security Master & Reference Data

Bring us your workflow.

We’ll work through your source records, comparison rules, and review needs to find where Boagent can help.

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