Tag: DTCC

July 12, 2017 BY Valentina Kirilova

CDS extends agreement with DTCC’s GLEIF-accredited GMEI utility

Canada's national securities depository, clearing and settlement hub extends commitment to helping clients more effectively manage systemic and counterparty risk The Canadian Depository for Securities (CDS), a wholly-owned subsidiary of TMX Group (TSX:X), has today commended The Depository Trust & Clearing Corporation's (DTCC) subsidiary operating the Global Markets Entity Identifier utility (GMEI utility) on receiving…

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Matthew Stauffer DTCC
June 01, 2017 BY LeapRate Staff

DTCC names Clarient Global CEO Matthew Stauffer as head of Institutional Trade Processing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Matthew Stauffer as Managing Director and head of Institutional Trade Processing, effective June 30, 2017. In this role, Mr. Stauffer will be responsible for integrating DTCC’s middle office trade processing solutions, including…

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DTCC - new additions to the Board
May 03, 2017 BY Valentina Kirilova

DTCC repo clearing services gain SEC regulatory approval

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency…

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DTCC - new additions to the Board
February 27, 2017 BY Valentina Kirilova

DTCC completes blockchain repurchase test

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, just announced that has successfully completed testing of blockchain-based technology for the clearing and settlement of repurchase, or repo, agreement transactions, and will decide by June whether to deploy the new system, Reuters reported. DTCC, a utility that…

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February 06, 2017 BY Valentina Kirilova

Thomson Reuters acquires Clarient Global LLC and Avox Limited

Information giant Thomson Reuters Corp (NYSE:TRI) has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global Know Your Customer (KYC) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (DTCC), Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, BNY Mellon, and State Street, among…

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February 01, 2017 BY Valentina Kirilova

AcadiaSoft purchases ProtoColl collateral management service

AcadiaSoft, Inc., a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, just announced it has acquired ProtoColl, an end-to-end collateral and margin management service, from The Depository Trust & Clearing Corporation (DTCC). Terms of the deal were not disclosed. This coming March, thousands of buy-side firms and smaller banks will become…

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January 09, 2017 BY Valentina Kirilova

DTCC selects IBM, Axoni and R3 to develop its distributed ledger solution for derivatives processing

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, just announced that it has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work collaboratively to re-platform DTCC’s…

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November 21, 2016 BY Valentina Kirilova

DTCC adds new Canadian trade reporting capabilities to GTR

The premier post-trade market infrastructure for the global financial services industry, the Depository Trust & Clearing Corporation (DTCC), has announced that its Global Trade Repository (GTR), through its locally registered trade repository, has added trade repository services for Newfoundland and Labrador. With this addition, GTR now supports all Canadian provinces and territories, with existing support…

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March 31, 2016 BY Mike Fox

ESMA fines DTCC Derivatives Repository Limited €64,000 for data access failures

The European Securities and Markets Authority (ESMA) today has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and…

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