21 October 2017
visit www.atos.net

DTCC and Korea Securities Depository sign collaboration agreement

07 April 2004  |  538 views  |  0

The Depository Trust & Clearing Corporation (DTCC) and the Korea Securities Depository (KSD) have signed an agreement to foster close collaboration and strengthen the working relationships between both organizations.

The agreement provides a legal and business framework under which the two major securities depositories can exchange information and advice on their business and services, and other projects of common interest.

"This agreement creates a springboard for the exchange of ideas between our organizations, and offers us a genuine opportunity to work more closely with KSD," said Jill M. Considine, DTCC Chairman and CEO. "We look forward to sharing our experiences and tapping KSD's expertise on Korean market practices."

Currently, the Korean legislature is reviewing the country's regulated clearing and settlement model. "I believe the agreement will play a pivotal role for KSD to take a step forward," said Mr. Huhn Gunn Ro, Chairman and CEO of KSD. "By sharing experiences, information, and know-how with DTCC, KSD will be able to solve problems and develop new services in an effective and efficient manner."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.innotribe.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10308 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
9652 views comments | 17 tweets | 24 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9018 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8098 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7835 views comments | 10 tweets | 22 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job