Depository Trust & Clearing Corporation (DTCC) - News, Articles & Research

Company announcement

DTCC appoints Valentino Wotton MD, DTCC Deriv/Serv

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Valentino (Val) Wotton has been appointed Managing Director, DTCC Deriv/SERV, effective August 29, 2017.

03 May 2017

Company announcement

DTCC repo clearing service gets regulatory approval

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency of the marketplace.

02 May 2017

Company announcement

DTCC adds board members

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that four new members have been elected to its Board of Directors.

24 April 2017

News

DTCC envisions single global ledger for transaction reporting

Larry Thompson, vice chairman of the US Depository Trust and Clearing Corporation (DTCC), has made a rallying call for the development of standards in propelling the uptake of distributed ledger technology in financial markets, arguing that a lack of co-ordination and collaboration may only further complicate existing market structures.

07 April 2017

News

SIX adopts DTCC LEI utility in preparation for MiFID II

SIX Securities Services is to offer Legal Entity Identifiers to Swiss companies in partnership with the Depository Trust and Clearing Corporation.

04 April 2017

Company announcement

DTCC names Michael McClain GM, equity clearing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Michael McClain has joined the firm as a Managing Director and General Manager of Equity Clearing.

03 April 2017

Company announcement

DTCC Omgeo Alert revamps to become industry's SSI utility

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Omgeo Alert solution, a global repository for storing standing settlement instruction (SSI) data, has completed enhancements to become the industry’s single and centralized ‘SSI Utility.’

29 March 2017

Company announcement

DTCC LEI utility achieves Gleif accreditation

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary operating the Global Markets Entity Identifier utility (GMEI utility) has received official accreditation from the Global Legal Entity Identifier Foundation (GLEIF).

20 March 2017

Company announcement

DTCC-Euroclear Global Collateral launches service for cross-border collateral mobility

DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of The Depository Trust & Clearing Corporation (DTCC) and Euroclear, today announced the launch of the Inventory Management Service (IMS), a transformative solution that enables market participants to seamlessly mobilize securities from the U.S. to Europe for use as collateral amid rising demand for high-quality securities to back trades.

15 March 2017

Company announcement

DTCC updates data suite

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the DTCC DataPro product suite, previously known as DTCC Data Products, will be enhanced to include additional data offerings covering major asset classes.

06 March 2017

News

DTCC moves ahead with project to use distributed ledger tech for repo market

Following a successful proof-of-concept, the Depository Trust & Clearing Corporation (DTCC) is pushing ahead with plans for a distributed ledger-based system for the clearing and settlement of US repurchase agreements (repos).

27 February 2017

Company announcement

DTCC processed close to one billion trades in 2016; readies for T+2

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its full-service institutional straight-through-processing (STP) suite of products, which automate trade lifecycle events between 3,800 investment managers, broker/dealers and custodian banks, processed close to one billion trades, for the first time, in 2016, including equities and fixed income trades as well as equity swap and repurchase agreement trades.

08 February 2017