DTCC's Global Trade Repository (GTR) is the industry's provider of choice for global derivatives reporting. The GTR, which is operated through various regulated subsidiaries and holds detailed data on OTC derivatives transactions globally, has emerged as an essential tool for managing systemic risk, providing regulators with an unprecedented, transparent view into this $650 trillion market. The GTR spans four continents, enabling users to meet their regulatory reporting obligations, wherever they are located, in an open, cost-effective and efficient manner via a single interface.

  • DTCC's Global Trade Repository (GTR) significantly expanded its global footprint in 2013 and established itself as the only live repository accepting trades for all 5 asset classes across multiple jurisdictions. The GTR tracks more than 8 million open swap positions, receives more than 60 million weekly data submissions and publishes in excess of 150,000 weekly real-time messages.
  • DTCC's U.S. Swap Data Repository (SDR) was the only entity to onboard virtually all provisionally registered swap execution facilities (SEFs) in the United States, and in October began accepting trade data to help U.S. financial institutions meet their CFTC Dodd-Frank reporting requirements.
  • In the Asia-Pacific region, DTCC's Trade Repository was the only trade repository authorized to operate in Japan. It was also the first and only repository to receive regulatory approval to support trade reporting under the jurisdiction of the Monetary Authority of Singapore (MAS). In addition, the Hong Kong Monetary Authority (HKMA) approved DTCC's Trade Repository as the only repository to support trade reporting acting as an agent for its clients. Meanwhile, five major Australian banks began reporting trades to the GTR in 2013 under rules finalized by the Australian Securities and Investments Commission (ASIC).
  • The GTR was recognized as "Post-Trade Product/Initiative of the Year" at the Financial News Awards for Excellence in Trading & Technology Europe 2013 by a panel of more than 50 industry experts who cited the repository's longstanding commitment to help clients improve efficiency and reduce risk in the post-trade space.

SECURING
TODAY

In Europe, DTCC was among the first firms to be approved to operate a multi-asset class trade repository under the jurisdiction of the European Securities and Markets Authority (ESMA).

SHAPING
TOMORROW

More banks in the Asia-Pacific region, particularly Singapore and Australia, will begin reporting to DTCC's GTR as new regulatory reporting requirements take effect April 1, 2014. Along with many major banks that began reporting in 2013, mid-size and smaller banks will also be required to report on OTC derivatives transactions, bringing even greater transparency to this global market.

Loan/SERV, DTCC's suite of services that supports the global syndicated loan market, enables agent banks and lenders to reconcile syndicated loan positions, transactions and contract information on a daily basis and helps reduce risk with a deliver-versus-payment process for market counterparties.

  • DTCC launched a new reconciliation platform in 2013 called Balance Reconciliation that simplifies the reconcilement process for lenders by focusing on balances only. The platform, especially designed for buy-side firms, enables lenders to submit balances to DTCC for matching and reconcilement with the facility agent without submitting the underlying transaction details, which is the way the other Loan/SERV reconciliation processes work. With Balance Reconciliation, DTCC offers three reconciliation services, including contract level and transaction level reconciliation.
  • Loan/SERV Reconciliation increased its client base by more than 10% in 2013 to more than 4,775 banks, funds and other lending vehicles and now records more than 8,700 loan facilities from more than 20 countries.