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Chainlink, Swift and 24 Institutions Report Near-Real-Time Pilot for Corporate Actions Data

Phase two produced ISO 20022 ‘golden records’ using AI plus oracles, delivering validated events to Swift and blockchains in minutes.

Chainlink, SWIFT, and global banks advance initiative to streamline $58B corporate actions costs
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Overview

  • Participants included market infrastructures such as SWIFT, DTCC, Euroclear, SIX and TMX, alongside banks including UBS, DBS Bank and BNP Paribas.
  • Multiple large language models (GPT, Gemini, Claude) parsed multilingual disclosures, with Chainlink’s Runtime Environment validating outputs and institutions acting as data attestors.
  • Validated events were transformed into ISO 20022 messages for delivery over the Swift network and distributed via Chainlink’s CCIP to DTCC’s AppChain as well as public and private blockchains.
  • According to the team, tests achieved near 100% consensus on event data, and delivery times fell from days to minutes for integration into existing systems.
  • Next phases plan coverage of more complex actions such as stock splits, broader jurisdiction and currency support, and stronger privacy and governance to tackle a process estimated to cost $58 billion annually.