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La Salla takes helm at DTCC from August as Bodson retires
25 April 2022 US
Reporter: Bob Currie

BNY Mellon veteran Frank La Salla to become president and CEO of DTCC, joining the company as CEO-elect in July. Mike Bodson retires after a distinguished 10 years in charge

Non-economic trade data, client onboarding and uncleared margin is where “change is particularly urgent” in post-trade, says BoE
25 April 2022 UK
Reporter: Jenna Lomax

The Bank of England has released a report which outlines that change is “particularly urgent” in the areas of non-economic trade data, client onboarding and uncleared margin when regarding better post-trade efficiency

DTCC and Digital Dollar Project test CBDC in trade clearing and settlement
12 April 2022 US
Reporter: Bob Currie

The Depository Trust and Clearing Corporation has released a prototype, developed in collaboration with The Digital Dollar Project, to examine how a central bank digital currency (CBDC) may operate in the US clearing and settlement infrastructure

BNP Paribas conducts PoC for mutual fund transaction on fundsonchain’s settlement platform
11 April 2022 France
Reporter: Jenna Lomax

BNP Paribas Securities Services has conducted a technical proof of concept for mutual fund transactions on technology provider fundsonchain's settlement platform

BNP Paribas collaborates with DTCC on UMR solution
06 April 2022 Global
Reporter: Carmella Haswell

The solution comes ahead of initial margin wave 5, with an objective to ensure full, end-to-end straight-through processing connectivity, preparing the industry for Phase 6 of the Uncleared Margin Rules

DTCC adds Capuzzi and Conway to board
30 March 2022 US
Reporter: Rebecca Delaney

DTCC elected two new members to its board of directors during the annual shareholders meeting, William Capuzzi and Kelley Conway

DTCC hires Jonathan Herd as senior relationship manager
25 March 2022 UK
Reporter: Jenna Lomax

DTCC has hired Jonathan Herd as senior relationship manager

DTCC launches ITP Data Analytics
16 March 2022 US
Reporter: Bob Currie

The US post-trade infrastructure specialist releases new operational analytics service enabling broker-dealers and buy-side to benchmark performance against counterparties, peers and industry standards

Ringing the bell for IWD
09 March 2022 UK
Reporter: Jenna Lomax

The World Federation of Exchanges have seen a record 121 exchanges and central counterparties (CCPs) involved in the annual “Ring the Bell” initiative to celebrate International Women’s Day 2022, yesterday (8 March)

DTCC blocks Russian securities from Bank of Russia
03 March 2022 US
Reporter: Jenna Lomax

DTCC has blocked Russian securities from the Bank of Russia and The Ministry of Finance of the Russian Federation in response to the Russian invasion of Ukraine

India expected to go live on T+1 from 25 February
17 February 2022 India
Reporter: Jenna Lomax

The initiative would see India become the first market to accelerate its equities settlement cycle from T+2 to T+1

DTCC targets data transparency for repo markets
16 February 2022 US
Reporter: Bob Currie

The Depository Trust and Clearing Corporation (DTCC) has launched a new service that provides access to trade data for US treasury securities in a bid to extend transparency in repo markets