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, DTCC Derivatives Repository Ltd. jointly houses the global equity derivatives repository and maintains global credit default swap data identical to that maintained in its New York based Trade Information Warehouse. The subsidiary is, in part, intended to help ensure that regulators globally have secure and unfettered access to global data on credit default swaps (CDS) by establishing identical CDS data sets on two different continents. 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.

View service offerings of DTCC Deriv/SERV LLC in the Products & Services section.