December 27, 2010 DTCC Announces Plans to Separate Role of Chairman and CEO The Depository Trust & Clearing Corporation (DTCC) announced today that it is planning to adopt an enhanced corporate governance model that is better aligned with widely accepted global standards, creating a Chairman of the Board role that is separate from the Chief Executive Officer position.
December 16, 2010 DTCC Makes Its GCF Repo Index Downloadable to the Public to Enhance Market Transparency The Depository Trust & Clearing Corporation (DTCC) announced today that, as part of its ongoing effort to bring greater transparency to the multi-billion-dollar market for General Collateral Finance (GCF) repurchase agreements (repos), it is now making the full data pack underlying its daily GCF Repo® Index downloadable to the public.
The Depository Trust Company (DTC) will begin processing principal and income (P&I) payments on the more than 3.5 million securities it services using a new methodology to reduce systemic risk and enhance accountability in the allocation of several trillion dollars annually.
November 17, 2010 NYU Stern's Volatility Institute and DTCC Sponsor Forum on Managing Counterparty Risk Under Dodd-Frank More than 100 representatives from the financial, academic and regulatory communities participated in a forum sponsored by New York University Stern School of Business’ Volatility Institute (NYU Stern) and the Depository Trust & Clearing Corporation (DTCC) that discussed cutting-edge thinking and approaches to achieving the risk mitigation goals under The Dodd–Frank Wall Street Reform and Consumer Protection Act, particularly as it relates to regulation of derivatives.
November 17, 2010 AVOX and GoldTier Partner on Enhanced 'Know Your Customer' System Avox, the leading supplier of legal entity data on financial entities globally, announced today that it has partnered with GoldTier, a leading compliance software provider, to create an enhanced system to help the financial industry comply with increasingly strict regulatory “Know Your Customer” (KYC) requirements.
The Depository Trust & Clearing Corporation (DTCC) today announced that it has expanded its Global Corporate Actions Validation Service (GCA VS) coverage to include listed equity derivatives, effective immediately.