Tag: DTCC

Michael Bodson set to retire in August after a decade as DTCC poaches top BNY Mellon issuer services chief for the helm.

Conclusions from dedicated task force present current challenges in post-trade processes as well as recommendations on how to address these issues.

New prototype will measure the benefits of a CBDC and inform the future design of the firm’s clearing and settlement offerings.

Phase 6's lower threshold will bring smaller firms into scope, which typically have fewer middle and back-office resources and differing levels of automation, writes Bob Stewart, executive director of institutional trade processing (ITP) at DTCC.

The service is aiming to increase market transparency and provide new insights as the industry continues to navigate volatility.

These industry participants expect institutional demand for digital assets to continue to rise in the next year along with the growing trend of decentralised finance (DeFi).

Alongside cyber risks, COVID-19, geopolitical risks and trade tensions, climate change and inflation were identified as the top five biggest threats to the global financial markets.

New service will also flag transactions that are in scope for CSDR, providing users with the ability to identify priority work prior to Settlement Date.

Industry working group identifies opportunities to better protect financial market infrastructures’ data in case of cyber-attacks.

Innovation in partnership with DTCC and BNY Mellon expands post-trade capabilities into new asset classes.