DTCC-owned clean data utility Avox has announced plans to hire 200 new staff over the next two-years, doubling its workforce in the face of increasing industry demand for accurate reference data.
Despite an apparent ease in fears of a systemic risk event happening in the next 12 months, a recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation.
The Board of Governors of the Investment Company Institute has endorsed unanimously an industry initiative led by The Depository Trust & Clearing Corporation (DTCC) to shorten settlement cycles for a range of securities to trade date plus two days (T+2), ICI President and CEO Paul Schott Stevens announced yesterday.
Calypso Technology Inc., the leading integrated capital markets platform provider, today announced the release of an interface to the DTCC's Global Trade Repository service (GTR) for EMIR (European Markets Infrastructure Regulation) reporting.
Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces it will provide connectivity to four trade repositories (CME, DTCC, Regis-TR, UnaVista) at the time of the EMIR deadline through its Harmony TR Connect trade reporting service.
With regulatory changes sparking a surge in demand for collateral, current operational processes and system infrastructures looks set to be overwhelmed, the Depository Trust & Clearing Corporation (DTCC) has warned.
Catena Technologies Pte Ltd today announced that it has integrated its Catena Trace trade repository gateway product to DTCC's Global Trade Repository (GTR), becoming the first Asia-focused GTR Service Provider.
The Depository Trust & Clearing Corporation (DTCC) today announced that Paula Sausville Arthus has been appointed President and CEO of Omgeo, the global standard for post-trade efficiency dedicated to providing the financial community with efficient trade processing, risk mitigation and operational stability.
Adding greater accuracy and efficiency to Corporate Actions processing for its clients, The Depository Trust & Clearing Corporation (DTCC) announced today that it received its first inbound electronic message using ISO 20022, the global industry standard for financial messaging.
The Depository Trust & Clearing Corporation (DTCC) today published a detailed plan for proposed enhancements to its settlement processing for money market instruments (MMIs) to improve intraday settlement finality and further reduce credit and liquidity risk in the MMI market.
© Finextra Research 2014