Search Results 1-10 of 14
2008 Press Releases
May 13, 2008CBLC and DTCC Sign Information Sharing and Collaboration PactThe Brazilian Clearing and Depository Corporation (CBLC) in São Paulo and The Depository Trust & Clearing Corporation (DTCC) in New York have signed a Memorandum of Understanding (MOU) designed to forge closer ties between the two organizations.
May 01, 2008Inter-bank Market for Repurchase Agreements ReestablishedFICC announced today that the Securities and Exchange Commission has approved its proposal to resume offering its General Collateral Finance repurchase agreement (GCF Repo®) service to brokers whose customers settle their transactions at different settling banks.
March 31, 2008EuroCCP Receives FSA Approval as Recognised Clearing HouseEuropean Central Counterparty Ltd. (EuroCCP) announced today that it received approval as a U.K. Recognised Clearing House (RCH) by the Financial Services Authority (FSA), solidifying its position as a competitive, low cost alternative for clearing and settlement in Europe.
March 25, 2008DTCC Settles Record $1.8 Quadrillion in 2007The Depository Trust & Clearing Corporation (DTCC) announced today it cleared and settled more than $1.86 quadrillion in securities transactions in 2007. DTCC also reported record revenue of $1.69 billion and returned $984 million to its customers in the form of discounts and rebates.
February 14, 2008DTCC Announces Major Fee Reductions For Two of Its Core Mutual Fund ServicesThe Depository Trust & Clearing Corporation’s Wealth Management Services unit has announced fee reductions for Fund/SERV® and Networking, two of its highest-volume services for the mutual fund industry. The decreases, which represent a reduction of $18.4 million, are part of the largest-ever fee reductions for services provided by DTCC’s subsidiaries.
February 12, 2008DTCC To Automate Syndicated Loan ProcessingThe Depository Trust & Clearing Corporation (DTCC) announced today it will launch Loan/SERV, a new and evolving suite of services to help automate and streamline the processing of syndicated commercial loans.
January 31, 2008Major service provider, Peridrome, to link to DTCC's Managed Accounts ServiceThe Depository Trust & Clearing Corporation (DTCC) announced today that Peridrome Corporation, a leading provider of business process management (BPM) solutions to the wealth management industry, has joined DTCC’s Managed Accounts Service (MAS). Peridrome will offer a gateway between its Dash BPM platform and MAS.
