Euroclear and The Depository Trust & Clearing Corporation (DTCC) have signed a Memorandum of Understanding to create a joint collateral processing service which will significantly increase efficiency, reduce risk and support the growing collateral needs of industry participants.
The Depository Trust & Clearing Corporation (DTCC) General Counsel Larry Thompson today issued the following statement:
The Depository Trust & Clearing Corporation (DTCC) announced today that it has launched a new Loan/SERV reconciliation platform called Balance Reconciliation that simplifies the reconcilement process for lenders by focusing on balances only.
The Depository Trust & Clearing Corporation (DTCC) today announced the addition of five highly regarded and recognized leaders in global finance to its Board of Directors.
The Depository Trust & Clearing Corporation (DTCC) announced today that it has chosen Tampa as the expansion location for up to 255 high-wage, new jobs with total average compensation more than double the regional average salary of $46,000.
Sapient Global Markets has today announced its Compliance Management and Reporting System (CMRS) will be offered for customers connecting to The Depository Trust & Clearing Corporation (DTCC) Swap Data Repository (SDR) reporting.
Markit, a leading, global financial information services company, today announced that it has acquired the ownership stake in MarkitSERV held by the Depository Trust and Clearing Corporation (DTCC).
Omgeo, the global standard for post-trade efficiency, today announced that Edward Hazel of Goldman Sachs, Richard Taggart of State Street's Investment Management Services (IMS) and Susan Cosgrove of The Depository Trust & Clearing Corporation (DTCC) have joined its Board of Managers.
MarkitServ, the most widely used electronic trade processing service for over-the counter (OTC) derivative transactions and CME Group, the world's leading and most diverse derivatives marketplace, have connected to support clearing for regulated OTC FX (foreign exchange) transactions, currently limited to non-deliverable forwards (NDFs).
MarkitServ, the most widely-used electronic trade processing service for OTC derivative transactions, today announced the launch of MarkitServ Credit Centre, a pre-trade credit checking solution for the OTC derivatives market.
© Finextra Research 2013