The Agentic Bank

Corporate Actions Agent

⬡ Ledger Royale Processes corporate actions end-to-end, from event capture to posting.
◆ Supervised Orchestrator

Reads the event notice from multi-source announcements, reconciles the terms into a golden record, calculates entitlements down to fractional-share handling and tax, drives the election where it's voluntary, and posts the result. Holds every entitlement calc for independent re-derivation by a judge agent before posting.

Memory

Working The event terms, the affected positions, the entitlement calc.
Episodic How prior events on this issuer/security were processed.
Semantic Corporate-action event types (ISO 15022/20022), tax + fractional rules.
Procedural Processing playbooks per event type and market.
Store File-based memory tool + golden-event record

Orchestration

orchestrator-worker MCPA2A

Harness · Managed Agents … long-running event session; structured note-taking holds the normalized terms + entitlement calc; computer-use for legacy asset-servicing GUIs.

Tools

{ } Event data vendors (multi-source) API { } Custody / sub-ledger positions API ›_ Entitlement + tax calculation Code exec Legacy asset-servicing platform Computer use Election capture agent A2A

Evals & guardrails

  • Multi-source event scrub: terms must agree across vendors or the event is held for review.
  • Entitlement calc independently re-derived by a judge agent before posting.
  • Deadline guardrail: any voluntary event nearing its response deadline escalates.
  • Mandatory four-eyes: a second, independent agent re-derives high-value or ambiguous-term events before posting.

Offline reflection

Replays processed events to refine term-interpretation playbooks, especially for issuer-specific quirks and rare event structures.

Frontier edge

  • Multimodal-native: reads messy multi-source announcements (PDFs, tables, issuer letters) and reconciles the terms into a golden record without a parsing pre-step.
  • World-model simulation: simulates each election path (cash vs. subscribe vs. default) and its entitlement and tax outcome before instructing the market.
  • Long-horizon autonomy: orchestrates a voluntary event across its full multi-day window … notify, capture, default, instruct … on the METR time-horizon curve.

A sample run

Trigger Voluntary event: rights issue with a cash-or-subscribe option, 5-day window.
  1. 1Scrub the announcement across three vendors; reconcile the subscription ratio.
  2. 2Compute per-holder entitlements incl. fractional handling; build the golden record.
  3. 3Notify holders via the election agent; capture and validate elections.
  4. 4Instruct the market on the default for non-responders before the deadline.
Output A fully processed rights issue: entitlements posted, elections instructed, defaults applied on time … with the calc re-derived and judge-agent-approved.

In numbers

9,200
Events processed / day
94%
Straight-through mandatory events
0.0%
Missed-deadline rate

Handoffs

More on the Custody & Asset Servicing desk