Depository Trust & Clearing Corporation (DTCC)

302 results about this entity

Period: 14 Apr 2005 - 18 Nov 2024

Major banks perform successful test of smart contracts in CDS market

Four major banks, the DTCC and Markit have announced the completion of a successful test of the use of distributed ledger technology and smart contracts to manage post-trade processes in the credit default swaps market.

DTCC trials distributed ledger tech for repo market

The Depository Trust and Clearing Corporation (DTCC) is working with Digital Asset Holdings on a distributed ledger-based system for the clearing and settlement of US repurchase agreements (repos).

US sets 5 September 2017 as T+2 deadline

The U.S. T+2 Industry Steering Committee (T+2 ISC), organized by The Depository Trust & Clearing Corporation (DTCC) and co-chaired by the Securities Industry and Financial Markets Association (SIFMA) and the Investment Company Institute (ICI), announced the industry target date of September 5, 2017, for the U.S. move from a T+3 to a T+2 settlement cycle.

Rise in collateral settlement fails has huge implications - DTCC Euroclear paper

Upcoming rules for bilateral clearing of OTC derivatives that will see a major increase in the number of collateral movements between market participants could see surging operational costs become "unsustainably burdensome", warns a new whitepaper.

AQMetrics connects to DTCC trade repository

AQMetrics, a leading provider of integrated risk and compliance software for the investment management industry, announced today a new connection to The Depository Trust & Clearing Corporation’s (DTCC) Global Trade Repository (DTCC GTR), the leading provider of trade reporting services in Europe.

Linux Foundation's Hyperledger Project boasts new members and code contributions

The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.

DTCC LEI utility issues over 200,000 identifiers

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Global Markets Entity Identifier Utility (GMEI Utility) has issued more than 200,000 legal entity identifiers (LEIs) to entities from over 184 jurisdictions since its launch in August 2012, representing a 20% uptick year-on-year and approximately 50% share of the total LEIs issued worldwide – more than three times the next largest Local Operating Unit (LOU).

DTCC calls for industry coordination on distributed ledger tech

The Depository Trust & Clearing Corporation (DTCC) has pitched itself as the coordinator of an industry-wide investigation into whether distributed ledger technology is the answer to "certain limitations" in the post-trade process.

Financial industry giants join $50m Digital Asset Holdings funding round

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.

DTCC's Avox data services validates two million entities

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Avox Data Services*, the industry leader in legal entity reference data, has successfully researched and published two million entities globally in its database.

Markit to buy Loan/SERV position reconciliation tech assets

Financial data outfit Markit has agreed to buy the position reconciliation technology assets of Loan/Serv from the Depository Trust & Clearing Corporation (DTCC). Financial terms have not been disclosed.

Fenergo launches Data Integration Manager, integrates with DTCC Avox, Omgeo and Clarient Global

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks, has today launched Fenergo Data Integration Manager to enhance the Client Lifecycle Management process for financial institutions.