Carrier Pigeon or Twitter Bird: The Evolution of Corporate Actions Messaging EfficiencyMay 13, 2013The next evolution of corporate actions processing is underway, with an end goal of providing straight-through processing for industry participants and reducing the risks and costs associated with manual processes — while increasing efficiency through messaging automation.
DTCC Urges Restart of Federal Program to Prevent Cyber EspionageJune 04, 2012A successful but now defunct Government Information Sharing Framework (GISF) program would help to protect the capital markets from cyber attacks, DTCC contends in June 1 testimony.
DTCC Adds Former RBS Executive to LEI Development TeamJanuary 26, 2012Mark Davies will serve as liaison in Europe and will work with regulators and industry committees to develop legal entity identifier (LEI) program.
DTCC Partners with Clearstream September 15, 2011Both companies plan to combine DTCC Loan/SERV and Clearstream collateral management to leverage loans as collateral.
Wysota Joins DTCC as New CTOJuly 11, 2011Adam Wysota, a former managing director at Barclays Capital, will oversee the strategic direction of DTCC's IT infrastructure.
Markit To Acquire DTCC Loan/Serv Messaging PortalOctober 18, 2010The acquisition expands the ability of Markit's loan messaging hub, Markit WSOData, to accept and distribute Financial Products Markup Language (FpML) messages from agent banks.
DTCC Launches Equity Derivatives Reporting RepositoryAugust 05, 2010The building of the EDRR repository follows a competitive request for proposal process led by the International Swaps and Derivatives Association (ISDA) last year.
DTCC Releases New ISO Messages To Help Automate Corporate Actions ProcessingJuly 26, 2010In 2009, DTCC processed more than $3 trillion in corporate actions, and the release of these draft messages is a key element in DTCC's plan to automate and streamline corporate actions processing, the company said in a release.
Annuities' Popularity to Push Brokers/Advisors to Automate, Aite SaysDecember 03, 2009Annuity investments within IRAs are expected to reach $510 billion at the end of next year, Aite Group estimates. The surge in volume will drive brokerages and investment advisors to step up from the manual, paper-based processing of annuities that takes p