DTCC to Launch Central Communication Gateway for Managed Accounts with Citigroup

The Depository Trust & Clearing Corporation (DTCC) announced on September 12 plans to introduce a new service to centralize and streamline the processing of managed accounts. Citigroup Smith Barney’s Consulting Group and Global Transaction Services (GTS), a business unit of Citigroup Corporate and Investment Banking, will partner with DTCC to launch the service...