Large broker-dealers spend in the range of US$150-175 million on post-trade services for cash securities. In addition, the sell-side is grappling with shrinking margins and an array of regulatory challenges including preparing for CSDR and avoiding potential penalties for failed trades.
By following our best practice guidelines to achieve no-touch processing, ITP’s sell-side community can reduce headcount and repair charges, technology expenses, claims and fees. These savings enable firms to better scale their operations, potentially reduce vulnerability to spikes in volume and avoid any CSDR fees and buy-ins caused by settlement inefficiencies.
Learn more about how we are reducing
complexity for sell-side clients
Pressure to reduce costs, compliance with evolving regulations such as the Central Securities Depositories Regulation (CSDR) and Uncleared Margin Rules (UMR), as well as tight operating margins are key challenges for our buy-side community. These challenges are only magnified by the demand for newer technology to fuel growth.
DTCC’s ITP services provide our buy-side community of over 1,300 firms a trusted and resilient platform to increase efficiency and prevent trade failures by managing their full post-trade lifecycle for their entire network of brokers and custodians in one central location.
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helping to prevent trade failure for our buy-side clients
Custodians play a critical role in helping to ensure the safety of assets in the global financial markets causing specific challenges – including the effects of flat asset growth, increased competition and the impact on earnings as well as evolving regulatory requirements.
DTCC’s ITP services work with our custodian clients to support the key role that they play in the industry by providing them with the tools to achieve true post-trade automation. The consistency and standardization that comes with automation means less exception processing and manual communication and far fewer “touches” per trade – increasing efficiency, data quality and cost savings. This means our custodian community can spend more time providing value-add services to their clients.
Learn more about how automation through a no-touch
workflow is helping our custodian community