Transferring assets manually between brokerage accounts can be time-consuming, costly, and prone to errors. Often, asset transfers are one of the first experiences an investor has with a new firm, making it critical that the transfer is an efficient, secure, and expeditious process. To streamline this process, DTCC’s Automated Customer Account Transfer Service (ACATS) automates and standardizes asset transfers from one broker-dealer, firm or bank to another. It enables participants to efficiently initiate, review, and settle transfers, reducing operational costs and accelerating transaction times.

ACATS supports a wide range of asset types, including equities, corporate and municipal bonds, unit investment trusts, mutual funds, options, annuities, alternative investments and cash. To facilitate the transfer and re-registration of these assets, ACATS integrates with DTCC's Fund/SERV® for Fund Solutions, Insurance & Retirement Solutions (I&RS) for insurance assets, Private Market Solutions through the Alternative Investment Product (AIP) service, and the Options Clearing Corporation (OCC) for options transfer processing.