DTCC's Institutional Trade Processing provides an integrated suite of solutions to help support CSDR compliance, minimizing the risk of trade failure by ensuring that clean and accurate golden source data are used to create an authoritative trade record, automated processing and efficient exception management.
By adhering to and maximizing the use of DTCC’s ITP solutions, clients can enable a no-touch post-trade workflow to prevent trade fails, minimizing the impact of CSDR. Explore our infographic below to learn more about how ITP’s CSDR Solution can help.
ITP's CSDR Solution
Utilize ALERT® to enrich your trades with the most accurate account and standing settlement instructions (SSIs), and lock in your preferred place of settlement (PSET) on trade date through a rules-based service that automatically selects your PSET and SSIs.
Achieve straight through processing by agreeing to the economics and SSIs on trade date in CTM™, allowing you to resolve any trade exceptions in a timely fashion.
Automatically create notifications from a matched trade ensuring that your settlement agent has the most accurate information, which increases settlement certainty and reduces duplicative processes. For any collateral calls, ITP’s Margin Transit Utility (MTU) service will send real-time notification to confirm the settlement.
Publish, manage and communicate on exceptions throughout the trade lifecycle through DTCC Exception Manager to quickly resolve exceptions and reduce delays in settlement. For trades that do fail, the platform will help to facilitate resolution with data enrichment, workflow and communication functionalities.
For an individualized roadmap and customized solutions to help with your CSDR analysis and preparation, DTCC has introduced DTCC Consulting Service - a new a new advisory service that provides market participants around the world with unparalleled access to DTCC’s expertise and experience in post-trade processing. Our teams of experienced consultants are able to help identify where risks and/or inefficiencies lie across the trade lifecycle from matching and confirmation to margin and settlement and can help create effective solutions to underlying issues and deliver meaningful improvements. For more information on DTCC Consulting Services please contact us.