DTCC Deriv/SERV LLC provides automated repository and asset servicing for over-the counter (OTC) credit derivatives trades. It also provides related matching of payment flows and bilateral netting services. Deriv/SERV's customer base, which includes dealers and buy-side firms from more than 52 countries, is the market's largest post-trade service provider for OTC derivatives. In 2009, Deriv/SERV processed a record 11.5 million transactions.
Deriv/SERV's global Trade Information Warehouse (Warehouse) is the market's first and only comprehensive trade database and centralized electronic infrastructure for post-trade processing of OTC credit derivatives contracts over their lifecycles, from confirmation through to final settlement. The Warehouse is now operated by The Warehouse Trust Company LLC, an organization regulated as a member of the Federal Reserve and the New York State Banking Department.
Headquartered in London, Derivatives Repository Ltd. is a trade repository which provides a suite of post trade recordkeeping and reporting services for over the counter equity, credit and interest rates derivatives. Coverage is being expanded to include foreign exchange transactions; this is currently in user testing. DTCC Derivatives Repository Ltd. is regulated by the UK Financial Services Authority (FSA).
DTCC, through MarkitSERV, a jointly-owned company with Markit, also provides automated matching and confirmation services for OTC credit, equity and interest rate derivatives.
DTCC ensures the capacity, certainty and reliability required to clear and settle today's enormous trading volumes.Download File
View service offerings of DTCC Deriv/SERV LLC in the Products & Services section.Read More
In today's U.S. capital markets, billions of shares of securities change hands every day. In 2008, DTCC settled more than $1.88 quadrillion in securities transactions.Read More