In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).
Within a week of European markets moving to a T+2 settlement cycle, the DTCC in the US has formed a steering committee and working group to oversee a similar shift for trades in equities, corporate and municipal bonds, and unit investment trusts (UITs).
The Depository Trust and Clearing Corporation’s (DTCC) subsidiary Fixed Income Clearing Corporation (FICC) intends to submit a rule filing with the Securities Exchange Commission (SEC) and an Advance Notice filing to both the SEC and the Federal Reserve to provide central clearing for the over $1.6 trillion institutional tri-party repo market.
The Depository Trust & Clearing Corporation (DTCC) and Euroclear today announced the creation of a joint venture that will leverage both companies’ expertise, technology and franchises, focusing on collateral processing.
The US Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Depository Trust and Clearing Company (DTCC) have developed a centalised utility for financial firms to post and share information related to cyber-attacks and security threats.
The Ontario Securities Commission (OSC) yesterday published three orders pursuant to subsection 21.2.2(1) of the Securities Act (Ontario), designating the Chicago Mercantile Exchange Inc., DTCC Data Repository (U.S.) LLC and Ice Trade Vault, LLC as trade repositories in Ontario.
ASIC has granted an Australian derivative trade repository (ADTR) licence to DTCC Derivatives Repository (Singapore) Pte Ltd (DDRS).
The Depository Trust & Clearing Corporation (DTCC) today announced two executive management appointments in its Global Trade Repository business as the company continues to expand operations globally to bring greater transparency to the over-the-counter (OTC) derivatives market and to help financial firms meet new regulatory trade reporting mandates.
The Depository Trust & Clearing Corporation (DTCC) has teamed up with six Wall Street banks to launch Clarient Entity Hub, a client data and documentation utility.
In order to further the smooth transition to a global system of legal entity identification, the U.S. Commodity Futures Trading Commission (Commission) issued an Amended and Restated Order on July 22, 2014, extending the designation of the utility operated by DTCC-Swift as the provider of legal entity identifiers, or LEIs, pursuant to the Commission's swap data recordkeeping and reporting rules.
© Finextra Research 2014