DTCC enhances ETF solution with automated collateral management service
New solution includes new fixed-income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
Tag: DTCC
Man Group migrates post-trade processing to new DTCC platform with corfinancial
Salerio from corfinancial provided connectivity to DTCC’s CTM trade confirmation platform as Man Group migrated its US equity post-trade workflows.
DTCC appoints new head of strategy and business development
DTCC promotes previous managing director of innovation to lead global strategy, digital product development, strategic partnerships and alliances.
The band gets back together for complex T+1 shift in the US
SIFMA, ICI and DTCC reprise their roles from the mid-2010s in shortening the US securities settlement cycle, this time to T+1.
Leading member of DTCC’s Omgeo and ALERT utility departs
The ALERT utility has been regarded as one of the most successful industry utilities adopted within the post-trade space.
BNY Mellon to give access to FICC sponsored cleared repo
The move will enable its institutional investor clients to invest in a wider variety of short-end investment products that they would not previously had access too.
Paxos completes same-day settlement in US equities market for Credit Suisse and Instinet
The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day.
DTCC processes 10 million SSIs as part of industry effort to minimise settlement failures
The landmark figure is part of an industry effort to significantly improve securities settlement efficiency rates ahead of the Settle Discipline Regime (SDR).
DTCC outlines two-year roadmap for transition to shorter settlement
A new white paper highlights the benefits of moving to a T+1 settlement cycle and details plans to achieve this in two years.
Citadel’s Griffin advocates move to T+1 settlement for US equities market
The comments were made before the US House of Representatives’ Committee of Financial Services, which discussed the increased volatility from retail traders in January.