DTCC’s Larry Thompson to retire after 37-year career
As well as serving as vice chairman, Thompson led DTCC’s public policy outreach efforts, and as general counsel, was responsible for all legal and regulatory activities.
As well as serving as vice chairman, Thompson led DTCC’s public policy outreach efforts, and as general counsel, was responsible for all legal and regulatory activities.
DTCC finds that half of respondents believe Brexit will pose a threat to the broader economy, as concerns about cyber risk and regulation ease.
The new division will focus on delivering cross-enterprise solutions and insights into the company’s global and most complex clients.
DTCC recently proved it is capable of processing 115,000,000 trades daily, or 6,300 trades per second for five continuous hours, on a DLT platform.
The test is the latest step by the DTCC to roll out blockchain technology to the US market.
The focus on increased transparency through transaction and trade reporting have led to a surge in demand for data generated from financial market infrastructures.
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.
DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
DTCC adds FIS Global, SimCorp, Broadridge, Murex and RegTek.Solutions as partners to its Global Trade Repository for SFTR reporting requirements.
SEB will use the Regional Custodian workflow which utilises ALERT for storing SSI data related to fund assets in custody.