July 23, 2018 BY Valentina Kirilova
Sumitomo Mitsui Trust Bank adopts DTCC Alert GC Direct to manage settlement process
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, has announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow. With GC Direct, SuMi TRUST USA can…
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