Dear Customers and Friends:

Ann Bergin

I’m extremely pleased to share with you the good news that our new suite of services for the alternative investment products community has been approved by the U.S. Securities and Exchange Commission.

By linking market participants and providing pre- and post-trade services, we’ll be able to support marketplace growth and expand opportunities for greater distribution of these products – in much the same way we’ve helped the mutual fund industry grow to its current size of $12 trillion.

Our Managed Account Service is being expanded to handle dual contracts, a type of account that is becoming increasingly popular with investors and industry partners for their flexibility and broader access to the offerings of investment managers.

In our Mutual Fund Services area, we’ve been focused on our Profile service, designing and launching a continuous stream of enhancements by our Product Management team, with support from the Investment Company Institute and its committee members.

There is much more interesting news to read that is relevant to Wealth Management Services, as well as to DTCC in general.

We wish all our readers an enjoyable summer and, as always, we welcome your comments.

Ann Bergin
Managing Director & General Manager
Wealth Management Services
The Depository Trust & Clearing Corporation