DTCC and Nomura Research Institute collaborate to improve post-trade automation and efficiency in Japan
The move comes as firms prepare for the 2024 implementation of T+1 settlement cycles in the US; addresses domestic and cross-border transactions.
Tag: DTCC
DTCC’s NSCC processes first trade on new SFT clearing service
New service leverages Provable Markets' Aurora, and connectivity and integration from FIS to clear first trade.
Post-trade issues are costly, slow innovation and increase risk, finds report
Conclusions from dedicated task force present current challenges in post-trade processes as well as recommendations on how to address them.
DTCC targets first half of 2024 for move to T+1
SIFMA, ICI and DTCC say T+1 shift will occur in 2024 to give firms and regulators enough time to prepare and test.
National Australia Bank to submit and maintain SSIs on DTCC’s ALERT service
The new agreement will bring greater automation and improved accuracy to the post-trade lifecycle.
Group of CSDs and CCPs re-evaluate data protection as cyber threats evolve
Industry working group identifies opportunities to better protect financial market infrastructures’ data in case of cyber-attacks.
State Street connects collateral platform to DTCC’s MTU
State Street continues to build out new capabilities to drive forward its financing solutions and collateral optimisation group.
DTCC files SEC application for securities finance clearing house
The application is the formal start of the launch process of a central clearing and settlement service for overnight equity securities financing.
Move to T+1 settlement for US equities all but assured after key stakeholders give approval
A shift to T+1 looks all the more likely after three organisations representing banks and brokers conclude that the benefits outweigh challenges.
DTCC hires ex-Citadel Securities and IHS Markit sales exec for digital assets role
The hire is the latest development from DTCC as it formalises a service offering for digital assets and private market securities.