Platform Capabilities

Corporate Actions, Automated

Corporate actions are where back offices lose hours and make costly errors. ZagTrader ingests events straight from the depository, calculates every beneficiary's entitlement, and posts positions and cash automatically — under a maker-checker workflow with a full audit trail.

Book a Demo Custody & Back Office

Who it's for

Corporate-actions & operations teams
Custodians & back offices
Brokers & banks
Compliance & audit

What it solves

Manual entitlement spreadsheets and errors
Re-keying depository announcements by hand
Inconsistent dividend, split, and rights posting
No clean audit trail or maker-checker control

Key Capabilities

From announcement to posted entitlement

Full Event Coverage

Cash and share dividends, bonus issues, forward and reverse splits, rights and tradable rights, spin-offs, mergers, conversions, and bond/sukuk coupons and redemptions.

Beneficiary Engine

Entitlements computed per holder, sub-account, and custodian — settlement-date-aware, group-scoped, with configurable rounding and par-value handling.

ISO 15022 Depository Feed

Ingest announcements and confirmations (MT564 / MT566) from the central depository, plus drop-copy events from custodian and white-label broker feeds.

Maker-Checker Workflow

Every event enters as a draft, is reviewed against the expected beneficiary list, and is posted by a different authorised user — with a full audit trail.

Position & GL Posting

Share events adjust quantity and average cost atomically; cash events post dividend, accrual, and withholding-tax entries straight to the general ledger.

Splits & Price History

Forward and reverse splits re-base positions and adjust historical price series automatically, with clean reversal if an event is corrected.