A corporate action announcement is security reference data that provides relevant and available date and financial information about a security’s corporate action. It also includes information that the Eagle system uses to determine if and when the announcement is eligible for processing. Once the Corporate action announcement is set up, the reference data is entered into the corporate actions history table for processing.
The system processes mandatory corporate actions that have a status of Released, along with corporate actions with voluntary elections that have a an Entity Election Status of Released. It processes the entitlements to the appropriate entitles/holdings based on the reference data entered for the corporate action. When the events are generated, the system displays the status of the job. For example, pending, completed, failed.
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