As part of DTCC’s ongoing transformation, simplified and streamlined access to operational data remains central to enhancing efficiency across our platforms and delivering greater value to clients.
On August 1, 2025, DTCC’s Mutual Fund Services introduced the Mutual Fund Security Issue ID Center—a new capability designed to modernize data transparency. This enhancement will enable clients and their authorized service providers to access real-time NSCC Security Master File data for Fund/SERV® and Networking securities, significantly improving the current model for accessing transaction processing parameters.
Learn more about DTCC’s Mutual Fund Services
A Strategic Leap Toward Automation
With the financial services industry rapidly embracing digitization, improving data accessibility is no longer optional—it’s essential. In 2024 alone, Mutual Fund Services processed over $10 trillion in Fund/SERV transactions, marking a 60% increase over five years. As transaction volumes grow, so does the need for real-time, self-service access to critical data.
“Our goal is to reduce manual intervention and client dependency on support calls by making essential data more accessible,” said Josephine Torelli, DTCC Executive Director of Product Management. “We’re challenging legacy processes to deliver modernized solutions that meet our clients’ evolving needs.”
Key Features and Benefits
- Self-Service Access: Clients can view transaction processing parameters in just a few clicks.
- Real-Time: Real-time access to data—such as Firm Exit eligibility—is critical, particularly in a T+1 settlement environment.
The new Security Center supports improved data accessibility with modernized, intuitive tools. “This solution directly addresses the industry’s call for greater transparency and faster access to information,” added Torelli. “It’s a foundational step toward a more agile and efficient future.”
Looking Ahead
The launch of the Mutual Fund Security Issue ID Center marks a pivotal advancement in DTCC’s broader mission to modernize data access—equipping clients with real-time, self-service tools that lay the groundwork for a more connected, efficient, and resilient financial ecosystem.