CAH Phase 2 Status Update No. 2 – KADI DE Migration to OneCAS: Creation of new events by OneCAS
Clearstream Banking AG (CBF) informs clients that the corporate action events in scope of the migration from KADI to OneCAS have been successfully created in OneCAS.
The MT564 NEWM will be distributed to clients as per the current OneCAS reporting setup and system availability. For the new event announcement, all changes between the CBF Legacy format and the OneCAS format (e. g. creation of CORP ID) already apply, meaning that the MT564 sent by OneCAS differs from the initially provided MT564 by KADI.
CBF reminds its clients that the MT564 NEWM by OneCAS does not contain any special narrative to refer to the migration activities.
CBF targets to provide a list of migrated events to clients in order to facilitate reconciliation activities on Monday, 1 July 2024.
The next Operational News is scheduled for Monday, 1 July at 18:00.