March 14, 2005 DTCC's Real-Time Payment Processing Service for Credit Default Swaps Goes Live As part of its effort to continue to transform and automate the over the counter (OTC) derivatives market, The Depository Trust & Clearing Corporation (DTCC) announced that it has successfully launched key enhancements to its payment matching and netting service, providing real-time input and matching and bilateral netting.
February 15, 2005 FICC's RTTM Service Ushers in an Industry Milestone The Fixed Income Clearing Corporation (FICC) has reported enormous success with its new Real-Time Trade Matching (RTTM) service to support real-time price reporting and trade matching of municipal bond trades, to over 96%, bringing price transparency to the municipal bond market. FICC is a subsidiary of The Depository Trust & Clearing Corporation (DTCC).
January 10, 2005 FICC WINS "AAA/A-1+" CREDIT RATING DTCC announced that Standard & Poor's (S&P), after a thorough, months-long review of the operations, has awarded Fixed Income Clearing Corporation (FICC), a DTCC subsidiary, an "AAA/A-1+" credit rating. The rating is the highest issued by S&P.