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

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

News

Thomson Reuters to buy Clarient and Avox

Thomson Reuters has moved to strengthen its KYC management services and legal entity data by buying Clarient and Avox from the DTCC and its bank partners. Financial terms were not disclosed.

06 February 2017

Company announcement

DTCC names Ann Shuman general counsel

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Ann Shuman, DTCC Managing Director and Deputy General Counsel, has been appointed General Counsel, effective February 1, 2017.

02 February 2017

Company announcement

DTCC appoints Derek West as chief compliance officer at European trade repository

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Derek West, former Senior Director of Derivatives Oversight at the Quebec Autorité des marchés financiers (AMF), has joined the firm as Executive Director and Chief Compliance Officer for the firm’s European Global Trade Repository (GTR) business.

17 January 2017

News

DTCC to build post-trade distributed ledger framework for derivatives

New York's Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and blockchain consortium R3, to overhaul its Trade Information Warehouse to handle post-trade processing of derivatives contracts over a distributed ledger framework.

09 January 2017

Company announcement

AcadiaSoft buys ProtoColl from DTCC

AcadiaSoft, Inc., the leading industry provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, today announced it has acquired ProtoColl, an end-to-end collateral and margin management service, from The Depository Trust & Clearing Corporation (DTCC). Terms of the deal were not disclosed.

21 November 2016

Company announcement

DTCC adds new Canadian trade reporting capabilities to GTR

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announces that its Global Trade Repository (GTR), through its locally registered trade repository, has added trade repository services for Newfoundland and Labrador.

21 November 2016

Finextra TV

Blockchain can simplify post-trade world

Robert Palatnick, DTCC Managing Director and Chief Technology Architect, discusses the power of a shared, secured, distributed database to streamline post-trade processes such as proxy voting and corporation-to-investor communication, the contribution blockchain can make to resilience by removing single points of failure, and the fact it will take time to establish the exact value of distributed ledger and to build on successful pilots to simplify the environment going forward.

16 November 2016

Company announcement

Tax and regulatory difference a challenge for RMB internationalisation - DTCC

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, today released new research examining opportunities and challenges facing international financial services firms as the internationalisation of China’s currency, the renminbi (RMB), proceeds.

14 November 2016

News

Cyber risk beats out Donald Trump as FS industry's top concern

Cyber risk is seen as a bigger risk to the global financial system than a Donald Trump presidency or Brexit, according to a Depository Trust & Clearing Corporation (DTCC) survey.

08 November 2016

Company announcement

DTCC appoints Jim Hraska as MD of fixed income clearing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Jim Hraska has joined the firm as a Managing Director and General Manager of DTCC’s Fixed Income Clearing Corporation (FICC).

26 October 2016