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2007 Press Releases
November 29, 2007DTCC Hires New Chief Compliance OfficerThe Depository Trust & Clearing Corporation today announced the appointment of Mihal Nahari, a highly regarded industry expert on legal, compliance and regulatory risk management, as chief compliance officer.
November 28, 2007DTCC Extends SMART/Track Service to Foreign Agent Lenders and Borrowers To support the U.K. Financial Services Authority's (FSA) enhanced requirements for agency lending disclosure with the implementation of Basel 2 in Europe, DTCC's SMART/Track for Agency Lending Disclosure service will soon be made available to members of the International Securities Lending Association (ISLA), beginning in mid-December.
November 01, 2007EuroCCP CEO, COO NamedTwo industry leaders, each with more than 20 years experience working in Europe, have been named to lead European Central Counterparty Limited (EuroCCP). Diana Chan, a former executive at Citi, has been named as the new permanent Chief Executive Officer of EuroCCP, and Trevor Spanner, a former executive at Merrill Lynch, has been named Chief Operating Officer.
October 24, 2007Dreyfus Joins DTCC Managed Accounts ServiceNew York, October 24, 2007 – Dreyfus Investments, the industry’s 14th largest provider of managed accounts, has joined
DTCC’s Managed Accounts Service (MAS), a centralized platform for the industry, designed to streamline communications associated with opening and maintaining managed accounts. Dreyfus Investments is a division of MBSC Securities Corporation, which is a subsidiary of The Dreyfus Corporation.
September 27, 2007DTCC Deriv/SERV Signs 1,000th CustomerNew York, September 27, 2007 - The Depository Trust & Clearing Corporation's (DTCC) Deriv/SERV subsidiary today announced the signing of its 1,000th customer, further solidifying its position as the industry standard for post-trade processing in the global over-the-counter (OTC) derivatives market.
September 20, 2007DTCC Launches New Mutual Fund Profile Service The Depository Trust & Clearing Corporation (DTCC) announced today that it launched a service on September 17 that will streamline the process of obtaining fund prospectus information and expand the scope of the service as a primary industry source for rules-based processing.