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

Company announcement/markets

DTCC opens new Libor replacement communications port

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services, today announced that it has launched its new LIBOR Benchmark Replacement Index solution to support the industry’s transition from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices by June 30, 2023.

13 March 2023

Company announcement/sustainable

DTCC labels climate risk as a systemic threat

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued the first-ever analysis that examines how climate-related financial risk, namely physical risk and transition risk, may impact financial market infrastructures (FMIs).

01 February 2023

Company announcement/crypto

DTCC shares findings on digital dollar settlement project

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today published its latest whitepaper, “Exploring Post-Trade Security Settlement with a U.S. Central Bank Digital Currency,” in collaboration with The Digital Dollar Project (DDP) and support from Accenture.

30 November 2022

Company announcement/people

DTCC names Nashira Spencer chief security officer

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Nashira Spencer as Chief Security Officer (CSO), effective November 7, 2022.

07 November 2022

Company announcement/cloud

DTCC to modernise data services delivery with Snowflake

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed, shared and leveraged across a number of its services.

27 September 2022

Company announcement/security

DTCC paper outlines quantum security risks

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems vulnerable to hacking.

21 September 2022

News/markets

DTCC's DLT-based settlement platform goes into parallel production

The Depository Trust & Clearing Corporation (DTCC) says its distributed ledger technology-based alternative settlement platform has gone live in a parallel production environment.

22 August 2022

Company announcement/markets

DTCC partners Kingfield to transform corporate actions claims process

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its subsidiary, The Depository Trust Company (DTC), has connected its automated ClaimConnect solution to the claims processing platform offered by leading financial software provider Kingfield Corporation.

27 July 2022

Company announcement/markets

DTCC Report Hub community grows to over 70 firms

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the community leveraging its DTCC Report Hub service has grown to more than 70 firms, including leading banks, major swap dealers, and some of the largest custodians, clearing houses and buy-side firms across the globe.

28 June 2022

Company announcement/markets

Broadridge posts corporate actions to DTCC in ISO 20022 format

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced that its subsidiary, The Depository Trust Company (DTC), successfully processed the U.S. market’s first-ever, fully-automated voluntary reorganization ISO 20022 instruction as part of its newly automated Voluntary Reorganization service.

15 June 2022

Company announcement/markets

DTCC outlines technology resilience principles

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today outlined enhanced resilience measures that financial firms should consider adopting to ensure the continued safety of the financial markets amid an increasingly complex technology landscape.

08 June 2022

Company announcement/people

DTCC appoints Frank La Salla as presideent and CEO

The Depository Trust & Clearing Corporation (DTCC) today announced that its Board of Directors has appointed Francis (Frank) La Salla, currently Chief Executive Officer of BNY Mellon’s Issuer Services business and a member of the BNY Mellon Executive Committee, as President and Chief Executive Officer (CEO) of the company, effective August 12.

25 April 2022