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Settlement fails remain a pressing concern, say AFME panellists
04 October 2022 UK
Reporter: Lucy Carter

It’s too soon to think about T+0 in Europe, said panellists at AFME’s inaugural Operations, Post-Trade, Technology & Innovation Conference

DTCC extends data ecosystem alliance with Snowflake
27 September 2022 US
Reporter: AST

The Depository Trust and Clearing Corporation has announced a partnership with Snowflake to support data access and data sharing across selected DTCC services using the Snowflake Data Cloud

DTCC warns of hacking threats posed by rise of quantum computing
21 September 2022 US
Reporter: Bob Currie

In a newly published white paper, DTCC notes that quantum computing may enable firms to analyse complex problems that cannot be solved using current computing methods, but it may also expose vulnerabilities in existing systems

Japan’s Iyo Bank picks DTCC’s ITP for post-trade services
24 August 2022 Japan
Reporter: Jenna Lomax

As part of the mandate, Iyo Bank will adopt DTCC ITP’s CTM, ALERT, and Settlement Instruction Manager

DTCC’s Project Ion live in parallel production environment
22 August 2022 US
Reporter: Bob Currie

The distributed-ledger technology (DLT) driven settlement service, Project Ion, is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production

DTCC launches new tax service
10 August 2022 US
Reporter: Jenna Lomax

The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date

DTCC, ICI and SIFMA publish T+1 Playbook
01 August 2022 US
Reporter: AST

This guide is designed to assist market participants in preparing for the SEC’s proposed transition to next-day securities settlement which, subject to final regulatory approval, is targeted in the US for Q3 2024

DTCC partners with Kingfield to revamp claims process
27 July 2022 US
Reporter: Winnie Lee

The connectivity will allow firms to automatically match claims before sending them to DTC for straight-through-processing and intraday settlement via securities payment orders

ISSA appoints DTCC’s Ann Bergin to its board
14 July 2022 US
Reporter: Holly Shelton

The International Securities Services Association appoints Ann Bergin, managing director of the Depository Trust and Clearing Corporation, to its board

DTCC’s Report Hub service grows to more than 70 firms
28 June 2022 US
Reporter: Jenna Lomax

The members of the hub include leading banks, major swap dealers, and some of the largest custodians, clearing houses and buy-side firms across the globe

DTCC claims further advances in corporate actions automation
15 June 2022 US
Reporter: Bob Currie

US market infrastructure giant indicates that its newly automated Voluntary Reorganization service is an important step for its programme to remove manual interventions from corporate actions processing

DTCC outlines new resilience principles amid “increasingly complex technology landscape”
08 June 2022 US
Reporter: Jenna Lomax

In a new white paper, The Power of Technology Resilience: A Framework for the Industry, DTCC details four resilience principles that it says should be considered during the development of all software, services, and components