

DTCC provides a variety of services to assist issuers in this increasingly complex financial services arena. For the past 36 years, DTCC has worked to automate and streamline the processing of securities, reducing risk and bringing cost-savings to the financial services industry, resulting in a range of services that benefit issuers and their shareholders.
While issuers may know DTCC because of Security Position Reports or Underwriting Services, many may not be aware of the other services DTCC offers the issuer.
DTCC boosts efficiencies and reduces costs for issuers and corporations by helping to automate the entire life cycle of a security, working directly with the issuer or with their authorized third-party agents. DTCC's services begin with the initial public offering, move on to maintain custody, make electronic "book-entry" changes to ownership of securities, service the assets by announcing, collecting, allocating and reporting payment of dividends and interest, process corporate actions and, finally, manage the retirement of the security. And there's more.
With the growing complexity and regulatory requirements facing the issuer community, whether in the guise of corporate governance recordkeeping or the use of OTC derivatives to hedge investment strategies, DTCC is in a unique position to provide efficiency, reduce risk and lower costs for the issuer and ultimately the investor.
For more information on how DTCC services for issuers can streamline your business write to issuerservices@dtcc.com.
Issuers, trustees or issuer-authorized agents can request Security Position Reports (SPRs) from DTCC to obtain the information needed to contact shareholders on corporate-related events such as annual meetings. Read More
Underwriting Services is the starting point at DTC for all securities offerings.
Through the service's New Issue Eligibility program, underwriters can distribute both primary and secondary offerings of securities quickly and economically via electronic book-entry delivery and settlement. These newly issued securities are then available for the full range of depository services.
Additional capabilities offered within Underwriting include the Money Market Instrument (MMI) Program, the Initial Public Offering (IPO) Tracking Service and the New Issue Information Dissemination System (NIIDS) for Municipal Securities.
DRS allows investors to have securities registered in their name in book entry form without the issuance of physical certificates. Book entry registration helps to keep issuers’ costs down, which in turn adds to shareowner value.
Benefits to shareholders include
DTC's Proxy Service provides communication between depository participants and issuers whose securities are eligible for deposit. The most common types of information communicated are: shareholders' annual or special meetings, consent solicitations, bankruptcies, legal notices and appraisal or dissenter's rights. Read More
Global Tax Services offers a variety of services for both domestic and international clients that ultimately make an issue more attractive to investors. TaxRelief, available to non-US issuers enables investors to obtain the most favorable withholding tax rate available on foreign dividend and interest payments. Known as tax relief at source, financial institutions need not file tax reclaims with foreign tax authorities on behalf of investors to recover overwithheld taxes on such payments because the proper amount is automatically withheld. Given its position in the marketplace, DTC is the only entity to offer tax relief at source. Read More
When issuers, their agents or the courts must notify shareowners of information concerning a security, DTC is generally a recipient of such notification because it is a registered holder. DTC in turn makes the notices available via LENS to Participants who may then distribute them to beneficial owners.
The Legal Notice Service (LENS) is a comprehensive library of notices electronically accessible by Participants. Notice categories include Notice to Security Holders, Defaults, Bankruptcies, Class Actions and Tax information. Read More