Tag: DTCC

The service has signed up 20 DTC participants, including Citi, JP Morgan and State Street, and will initially connect to the Canton Network and DTCC’s private Besu network. 

Samir Pandiri has more than 30 years of experience in the industry and has led teams across the Americas, EMEA and APAC for the likes of BNY, JP Morgan and Apex Group. 

The Collateral AppChain is expected to launch in Q1 2027 and will use Chainlink infrastructure for data, orchestration and interoperability. 

Former DTCC, BBH and State Street executive brings more than two decades of experience in client relationships, strategic accounts, and business development across custodial and financial services. 

DTCC’s Smart NAV pilot report reveals the importance of interoperability and data standards in the emerging landscape of digital assets, paving the way for a future where trusted data is the cornerstone of financial innovation. 

DTCC urges organisations to accelerate their preparations and readiness ahead of the switch next month.  

Sumitomo Mitsui Trust is the first Japanese asset manager to adopt the ITP services through Nomura Research Institute’s (NRI) SmartBridge Advance – a collaborative offering built in partnership by DTCC and NRI.

The T+1 service aims to support clients impacted by the upcoming T+1 settlement deadline set forth by the US Securities and Exchange Commission (SEC) slated for 28 May 2024. 

With this initiative, the post-trade giant seeks to address longstanding challenges in asset services related to the sourcing of corporate actions announcements 

Goldman Sachs has achieved more than 99% same day affirmation rates and improved settlement rates for transactions utilising DTCC’s Match to Instruct workflow.